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A taxpayer exercises an incentive stock option in 2000. The option price was $5; the fair market value was $9. He sells the stock in
A taxpayer exercises an incentive stock option in 2000. The option price was $5; the fair market value was $9. He sells the stock in 2017 for $15. For alternative minimum taxable income purposes, what is the capital gain?
a) $4
b) $6
c) $10
d) $15
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