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You purchased 1,000 shares of Koogal five years ago at $30 per share. Today Koogal is repurchasing its shares through a fixed-price tender offer price
You purchased 1,000 shares of Koogal five years ago at $30 per share. Today Koogal is repurchasing its shares through a fixed-price tender offer price of $80 per share. What is the amount of after-tax proceeds that you will get to keep if only your capital gain is taxed at a 15 percent rate?
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