Leyla has invested in a stock in January 2019. She has paid $20 per share...
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Accounting
Leyla has invested in a stock in January 2019. She has paid $20 per share and has purchased 500 shares. She sold her shares in December 2019 for $24 per share. In 2019, she received $0.60 dividend per share. Assume that her marginal tax rate is 40% and she is not elligible for dividend tax credit. Calculate the total dollar amount of taxes she needs to pay in her investment.
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