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How would I find all of the information given below. please include all formulas. Angelica purchased stock valued at $40,000 in 2000. In 2005, she
How would I find all of the information given below. please include all formulas.
Angelica purchased stock valued at $40,000 in 2000. In 2005, she sold the stock for $52,000. Angelica's capital gain, for tax purposes, is $ 12000 , which is a 30 % gain on her investment. Over the period during which Angelica owned her stock, asset prices rose by 4% due to inflation. Thus Angelica's real capital gain is 26 %, or $ 10,400Step by Step Solution
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