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Helen holds 1 , 5 0 0 shares of Fizbo Incorporated stock that she purchased 1 1 months ago. The stock has done very well
Helen holds shares of Fizbo Incorporated stock that she purchased months ago. The stock has done very well and has appreciated $share since Helen bought the stock. When sold, the stock will be taxed at capital gains rates the longterm rate is percent and the shortterm rate is the taxpayers marginal tax rate Ignore the time value of money.
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