Business, 13.12.2019 02:31 SiegeHatake4534

Sweet sarah received 10 nqos (each option gives her the right to purchase 20 shares of stock for $5 per share) from her employer at the time she started working when the stock price was $7 per share. now that the share price is $20 per share, she intends to exercise all of the options. two years later sweet sarah sells the stock for $22 per share, what is sweet sarah's basis in her stock for purposes of calculating the gain or loss? a. $1,000.b. $1,400.c. $4,000.d. $4,400.

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Sweet sarah received 10 nqos (each option gives her the right to purchase 20 shares of stock for $5...