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Suppose you purchased 2 0 0 shares of stock in 2 0 1 0 for $ 4 0 a share and you sell them today

Suppose you purchased 200 shares of stock in 2010 for $40 a share and you sell them today for $65 a share. If the capital gains tax is 32 percent, your tax liability is
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$1,100
$1,400
$1,600
None of the above

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