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Christopher sold 240 shares of Cisco stock for $13,680 in the current year. He purchased the shares several years ago for $8,640. Assuming his ordinary

Christopher sold 240 shares of Cisco stock for $13,680 in the current year. He purchased the shares several years ago for $8,640. Assuming his ordinary income tax rate is 24 percent and he has no other capital gains or losses, how much tax will he pay on this gain

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