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Business, 04.05.2021 03:10 theblondeone2

Serena purchased 10 shares of GLC, Inc. stock for $200 per share; one year later she sold the 10 shares for $220 a share. Over the year, the price level increased from 135.0 to 143.1. The tax rate on capital gains is 50 percent. If the capital gains tax is on nominal gains, how much tax does Serena pay on her gain?

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Serena purchased 10 shares of GLC, Inc. stock for $200 per share; one year later she sold the 10 sha...

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