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Sue received 50 shares of Zoll Industry stock from her Uncle Dave for a graduation present. Dave purchased the stock in 1986 at $25 per
Sue received 50 shares of Zoll Industry stock from her Uncle Dave for a graduation present. Dave purchased the stock in 1986 at $25 per share. The stock was worth $60 per share when Sue graduated. What is Sues basis in the stock? Group of answer choices $1,250 $2,500 $1,500 $3,000
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