(Solution) - Freda incurred a 20 000 capital gain during the year -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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Freda incurred a $20 000 capital gain during the year. She would like to reduce her capital gain by selling one of two stocks that are currently sitting at a capital loss. She purchased 10 000 shares in Sesame Inc. for $28 each. The shares are currently trading at $21. She also purchased 5000 shares in the Electric Co. for $33 each. These shares are currently trading at $25. Which shares should she