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John holds 100 shares of stock with a total basis of $1000. He receives a 25%...

John holds 100 shares of stock with a total basis of $1000. He receives a 25% stock dividend at the end of year 1.

In year two, he sales 30 of his shares when the stock price is $15.00 per share. Please calculate his gain in year two.

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jeff jeffy answered 2 years ago
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