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Mathematics, 01.08.2019 23:20 cain1828
Peter buys 1000 shares of sunshine corporation stock in 2008 at $2 a share. in 2010 the stock is doing great, peter decides to sell and use the money towards a new car. he sells the sunshine corporation stock for $10 a share. peter has a 25% ordinary tax rate, and a 15% capital gains tax rate. how much will peter owe in taxes on this stock sale?
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Peter buys 1000 shares of sunshine corporation stock in 2008 at $2 a share. in 2010 the stock is doi...
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