Question
Jared purchased 300 shares of DEF stock on June 2, 2022, for $1500. In October 2021, DEF issued a 10% stock dividend. Jared now owns
Jared purchased 300 shares of DEF stock on June 2, 2022, for $1500. In October 2021, DEF issued a 10% stock dividend. Jared now owns 33 shares and his basis is:
Options:
- $1,350
- $1,500
- $1,650
- $1,815
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