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Ned purchased shares in Americorp for $ 1 2 , 0 0 0 US at a time when the exchange rate was 0 . 7
Ned purchased shares in Americorp for $ US at a time when the exchange rate was He later sold the shares for $ US at a time when the exchange rate was What is Ned's total taxable capital gain?
a
b
$
c
$
d
$
$
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