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How hot mountain intends to hold the stock as

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Reference no: EM132885067

Problem 1: Hot covered mountain, Inc. had the going with practices during year 1: Acquired 2,000 segments of stock in May ringer Inc. for $26,000. Hot mountain intends to hold the stock as?

A. $36,250

B. $37,050

C. $38,800

D. $49,000

Reference no: EM132885067

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