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How much of the total amount of proceeds from the sale

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Sam Scurry bought several hundred shares of annable.com at a price of $41.0067.901731 about 5 years ago that sell for $ per share today. Sam pays capital gains tax at the rate of %, and pays tax on dividends at the rate of %.

Problem 1: Suppose that annable.com elects not to pay a dividend this year, and that Sam sells 24 shares of stock. How much of the total amount of proceeds from the sale will Sam get to keep?

 

Reference no: EM132750432

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