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In 2004, Your Uncle Oscar Purchased 300 Shares of Hasbro

Question 154

Multiple Choice

In 2004, your Uncle Oscar purchased 300 shares of Hasbro, Inc. for $19 a share. Uncle Oscar died earlier year and left his Hasbro stock to you. The stock was selling for $44 on the day he died, but by the time you learned that you were the beneficiary of the stock, the price was $47. What is your cost basis in Hasbro?


A) $19
B) $44
C) $47
D) $28

Correct Answer:

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