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Business, 03.03.2020 05:56 gimmethemanswers

An individual buys stock at $40 per share. Many years later, the individual dies when the market value is $60. The estate distributes the shares to a beneficiary when the stock is worth $70. What is the cost basis to the beneficiary

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An individual buys stock at $40 per share. Many years later, the individual dies when the market val...

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