A customer owns 200 shares of ABC, purchased 2 years ago at $50 per share. The current market value of ABC stock is $60 per share. If the customer gifts the stock to a charity, the result is:

A $,2,000 short term capital gain

Explanation:

Investors in shares and other securities speculate on the price of the securities they hold. When prices rose it is a good opportunity bro sell and make profit.

This gain is often larger than what they would make from dividend payments.

In this instance he sold shares at $60 each and bought them back at $50.

The gain on this transaction is

Gain = (200 * 60) - (200 * 50)

Gain = $2,000

This is a short term gain and a holding period is not established for this transaction

answer; (cash) is the best out of the above; good luck

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explanation: