Late in the calendar year, Jessica must choose between selling stock that was purchased 2 years ago for $10,000 and has fallen to $7,000 or a different stock that was purchased 1 year ago for $5,000 and has risen to $7,000. If the investor has no other capital gains, which stock should she sell?

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The Answer of Late in the calendar year, Jessica must choose between selling stock that was purchased 2 years ago for $10,000 and has fallen to $7,000 or a different stock that was purchased 1 year ago for $5,000 and has risen to $7,000. If the investor has no other capital gains, which stock should she sell?

Late in the Calendar Year, Jessica Must Choose Between Selling