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Zoe received 200 NQOs (each option gives her the right to purchase 10 shares of...

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Accounting

Zoe received 200 NQOs (each option gives her the right to purchase 10 shares of stock for $5 per share) at the time she started working when the stock price was $8 per share. When the share price was $30 per share, she exercised all of her options. Eighteen months later, she sold all of the shares for $90 per share. How much gain will Zoe recognize on the sale of the shares and how much tax will she pay

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