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Todd buys a gold coin for $ 6 5 0 and six months later sells it for $ 9 7 5 . Assuming Todd is

Todd buys a gold coin for $650 and six months later sells it for $975. Assuming Todd is in a 50% marginal tax bracket, how much income tax will he have to pay on the disposition of the coin?
a.
$0.
b.
$81.25.
c.
$162.50.
d.
$325.00.

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