What is the amount of ray''s foundation

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Reference no: EM1397665

On January 4, 2010, Ray Zeyke purchased 100 shares of common stock in Windows Corp. for $40 per share. Six months later he purchased sixty more shares at %50 per share. On December 1, 2010, Ray received a 25% non-taxable stock dividend. The news as well as the old stock are identical. What is the amount of Ray's foundation in each share of stock?

Reference no: EM1397665

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