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Required information [ The following information applies to the questions displayed below. ] Dahlia is in the 3 2 percent tax rate bracket and has
Required information
The following information applies to the questions displayed below.
Dahlia is in the percent tax rate bracket and has purchased the following shares of Microsoft common stock Nasdaq:
MSFT over the years:
If Dahlia sells shares of Microsoft for $ on December what is her capital gain or loss in each of the
following assumptions?
Note: Do not round intermediate calculations.
a She uses the FIFO method.
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