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Two different taxpayers acquire an identical investment with identical investment terms on exactly the same date and sell the investment on exactly the same date.
- Two different taxpayers acquire an identical investment with identical investment terms on exactly the same date and sell the investment on exactly the same date. The two taxpayers, however, might experience a different rate of return based on at least three different factors. Please list those three factors and describe in detail how they cause a different rate of return.
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