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3) Joe exercised 1000 stock options on 6/23/23 when the market value was $50 per share. Joe's exercise price was $30 per share. Assuming he

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3) Joe exercised 1000 stock options on 6/23/23 when the market value was $50 per share. Joe's exercise price was $30 per share. Assuming he does not sell the shares by 12/31, what would be his AMT adjustment? a. $50,000 b. $30,000 c. $20,000 d. Some other amount

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