Assuming a tax rate on ordinary income of 25% and a long-term capital gain rate of 10%,how much would you pay in taxes if you sold stock "A" for a $200 capital gain after holding it for 5 months,stock "B" for a $300 capital gain after holding it for 8 months,and stock "C" for a $500 capital gain after holding it for 14 months?
(a)$250
(b)$100
(c)$130
(d)$175
Correct Answer:
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