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Maren received 11 NQOs (each option gives her the right to purchase 10 shares of...

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Accounting

Maren received 11 NQOs (each option gives her the right to purchase 10 shares of s the time she started working when the stock price was $7 per share. When the shar share, she exercised all of her options. Eighteen months later, she sold all of the shar How much gain will Maren recognize on the sale of the shares and how much tax wi marginal tax rate is 37 percent? O $1,210 gain and $242 tax O $110 gain and $41 tax O $110 gain and $22 tax O $0 gain and $0 tax

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