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Peter has an ISO through his employer. The strike price is $ 2 5 , which happens to be the current market price. Peter exercises

Peter has an ISO through his employer. The strike price is $25, which happens to be the current market price. Peter exercises this option 2 years later when the stock is trading at $75 per share and then sells it 6 months later at $85 after a better than expected earnings report. What is the tax impact at the time that Peter sells his shares? (select all that apply)
Group of answer choices
$50 per share of ordinary income.
$10 per share of long-term capital gains
$60 per share of long-term capital gains
$10 per share of short-term capital gains

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