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Business, 05.02.2020 21:42 kiani46

Helen holds 2,000 shares of fizbo inc. stock that she purchased 11 months ago. the stock has done very well and has appreciated $30/share since helen bought the stock. when sold, the stock will be taxed at capital gains rates (the long-term rate is 15 percent and the short-term rate is the taxpayer’s marginal tax rate). ignore the time value of money.

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