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2. T borrowed $100,000 by margining securities in T's brokerage account. T used the loan proceeds to provide inventory for T's retail business (conducted by
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Essentials Of Federal Taxation 2018
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
9th Edition
1260007642, 978-1260150292, 1260150291, 978-1260007640
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