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4. Assuming that Cody and Reese have been buying stock in an account for years. Their basis is $500,000. The stock is now worth $1,000,000.

4. Assuming that Cody and Reese have been buying stock in an account for years. Their basis is $500,000. The stock is now worth $1,000,000. If either of them dies, what will be the survivors basis?

A. $0

B. $250,000

C. $500,000

D. $750,000

E. $1,000,000

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