100 shares of novellis purchased for 12 per share on sept, Ask an Expert

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100 shares of Novellis purchased for $12 per share on Sept 10 2015. On Aug 29 2016 price had fallen to $9 per share. Concerned that price might drop more, shares were sold that day! On Sept 26 2016 shares were repurchased when at $11 per share. What is the 2016 capital gain or loss on these transactions?

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Financial Management, Finance

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