Jordan purchased 50 shares of Walsh Co. stock three years ago for $1,000. Jordan recently gifted the stock to her brother, Colin. On the date of the gift, the stock had a fair market value of $750. Six months after receiving the stock from Jordan, Colin decides to sell the stock. Which of the following statements is correct? Question options: If Colin sells the stock for $700, he will have a long-term capital loss. If Colin sells the stock for $1,100, he will have a short-term capital gain If Colin sells the stock for $675, he will have a short-term capital loss. If Colin sells the stock for $800, he will have a long-term capital gain.

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1