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Question Content AreaRalph gives his daughter, Angela, stock ( basis of $ 8 , 0 0 0 ; fair market value of $ 6 ,
Question Content AreaRalph gives his daughter, Angela, stock basis of $; fair market value of $ A $ gift tax results. If Angela subsequently sells the stock for $ what is her recognized gain or loss?
a $
b $
c $
d $
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