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Maren received 1 0 NQOs ( each option gives her the right to purchase 7 shares of stock for $ 8 per share ) at
Maren received NQOs each option gives her the right to purchase shares of stock for $ per share at the time she started working when the stock price was $ per share. When the share price was $ per share, she exercised all of her options. Eighteen months later, she sold all of the shares for $ 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 percent?
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