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Check my work 2 Required information The following information applies to the questions displayed below. Part 1 of 2 Cammie received 100 NQOs (each option
Check my work 2 Required information The following information applies to the questions displayed below. Part 1 of 2 Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share) at the time she started working for MNL Corporation (5/1/Y1) four years ago when MNL's stock price was $8 per share. Now that MNL's stock price is $40 per share (8/15/Y5), she intends to exercise all of her options. After acquiring the 1,000 MNL shares with her options, she held the shares for over one year (10/1/Y6) and sold them at $60 per share. (Leave no answer blank. Enter zero if applicable. Input all amounts as positive values.) 0.66 points eBook a. What are Cammie's taxes due on the grant date (5/1/Y1), exercise date (8/15/Y5), and sale date (10/1/Y6), assuming her ordinary marginal rate is 32 percent and her long-term capital gains rate is 15 percent? Print References Amount Tax on grant date Tax on exercise date Tax on sale date 9,600 3,000
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