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Christophat sold 100 shares of Cisco slock for $5,500 in the current year. He purchased the shares several years ogo for $2,200 Assiming his marginal

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Christophat sold 100 shares of Cisco slock for $5,500 in the current year. He purchased the shares several years ogo for $2,200 Assiming his marginal ordinery income tax tate is 24 percent, and he has no other caplital gains or tosses, how moch tax will he pay on this gain? 4,300

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