# In 2010, Joe bought 200 shares in Nikon Corp for $22.07 per share. In 2016 he sold the shares for $15.11 each.a. What was Joes capital loss?b. Express Joes capital loss as a percent, rounded to the nearest percent.

Chapter 8, Application 8.6 #6

In 2010, Joe bought 200 shares in Nikon Corp for $22.07 per share. In 2016 he sold the shares for $15.11 each.

a. What was Joe’s capital loss?

b. Express Joe’s capital loss as a percent, rounded to the nearest percent.

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**Related Book For**

## Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790