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You have a stock portfolio initally invested ( purchase price ) as follows: Purchase price 2 / 1 / 2 3 Stock A 4 0
You have a stock portfolio initally invested purchase price as follows:
Purchase price
Stock A
Stock B
Stock C
Assume the current date is and stock A is sold for $ Stock B has value of $ and stock C has a value is sold for $ If ordinary tax income tax rates are and capital gains tax rates are : a: What is your net gain or loss realized and b: What is the amount of taxes owed or if applicable saved by a loss? Please be sure to label your answers a and b
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