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Part A: Part B: Sarah has diligently invested in Giant Oil Corporation for 20 years. Over that time, the stock has gone up and down
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Part B:
Sarah has diligently invested in Giant Oil Corporation for 20 years. Over that time, the stock has gone up and down in price, but Sarah has continued to invest in it. Her average purchase price for each share of stock is $31. The stock is currently trading for $81 per share. Assume Sarah has a 15% long-term capital gains tax rate and she owns 180 shares. What will be Sarah's long-term capital gains tax on her $50 ($81 - $31) per share gain? (Round answer to O decimal place, e.g. 52.) Sarah's long-term capital gain P If Sarah owns 180 shares, what will be her after-tax gain? (Round answer to 0 decimal place, e.g. 52.) After-tax gain $ Susan, age 31, is thinking about investing for retirement. She plans to retire when she turns age 65. At that time, she will need $2.10 million in assets. She has calculated that inflation will average 3.65% over her lifetime. If she can earn an average annual 7.70% rate of return, what will be her real rate of return? 0 3.60%. 04.05%. 03.91%. O 5.70%Step by Step Solution
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