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f TB MC Qu. 12-51 (Static) Maren received 10 NGOs (each option gives her... Maren received 10 NGOs (each option gives her the right to
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TB MC Qu. 12-51 (Static) Maren received 10 NGOs (each option gives her... Maren received 10 NGOs (each option gives her the right to purchase 10 shares of stock for $8 per share) at the time she started working when the stock price was $6 per share When the shore price was $15 per share, she exercised all of her options Eighteen months later, she sold all of the shares for $20 per share. How much gain will Maren recognize on the sale of the shares and how much tax will she pay assuming her marginal tax rate is 37 percent? O $1,200 gain and $240 tax $500 gain and $185 tax O $0 gain and $0 tax $500 gain and $100 tax Step by Step Solution
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