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Cassandra received 25 shares of XYZ Company stock from her aunt Dawn for a graduation present. Dawn purchased the stock in 2010 at $10 per

Cassandra received 25 shares of XYZ Company stock from her aunt Dawn for a graduation present. Dawn purchased the stock in 2010 at $10 per share. The stock was worth $75 per share when Cassandra graduated. What is Casandra's basis in the stock?

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$1,250

$1,075

$1,875

$250

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