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Alex is considering investing in Tesla securities. Alex has the option to invest in preferred stock or bonds. Alex decided to purchase stock rather than

Alex is considering investing in Tesla securities. Alex has the option to invest in preferred stock or bonds. Alex decided to purchase stock rather than bonds. The return on the stock that Alex sold in 2020 was $10,000 including qualified dividends and capital gain. Alex's ordinary tax rate is 35%. Is this an example of timing? Explain.

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