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Business, 08.11.2019 00:31 xojade

John bought 1,200 shares of intel stock on october 18, 2015, for $34 per share plus a $750 commission he paid to his broker. on december 12, 2019, he sells the shares for $48.50 per share. he also incurs a $1,000 fee for this transaction. problem 7-41 part-a a. what is john’s adjusted basis in the 1,200 shares of intel stock?

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John bought 1,200 shares of intel stock on october 18, 2015, for $34 per share plus a $750 commissio...
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