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You are given an option to purchase 100 shares of stock at $20 a share as part of your benefit package at a new job.
You are given an option to purchase 100 shares of stock at $20 a share as part of your benefit package at a new job. If you decide to use your option and purchase all 100 shares, then sell them 5 years later at the market price of $50 a share, what is your capital gain at the time of sale?
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