Assume you bought a 100 shares of stock for $20 per share ten years ago and you still hold it today; it trades for $150

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Assume you bought a 100 shares of stock for $20 per share ten years ago and you still hold it today; it trades for $150

Post by answerhappygod »

Assume you bought a 100 shares of stock for $20 per share ten
years ago and you still hold it today; it trades for $150 per
share. Assume a tax rate of 30%. What taxes must you
pay?
zero
$2,329
$39
$3,900
$4,500
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”