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Business, 11.12.2019 06:31 joyelewis58

Maren received 11 nqos (each option gives her the right to purchase 12 shares of stock for $9 per share) at the time she started working when the stock price was $7 per share. when the share price was $16 per share, she exercised all of her options. eighteen months later she sold all of the shares for $21 per share. how much gain will maren recognize on the sale of the shares and how much tax will she pay assuming her marginal tax rate is 37 percent?

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