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harkovskaia [24]
3 years ago
10

John bought 1,000 shares of intel stock on october 18, 2014, for $30 per share plus a $750 commission he paid to his broker. on

december 12, 2017, he sells the shares for $42.50 per share. he also incurs a $1,000 fee for this transaction.
a.what is john's adjusted basis in the 1,000 shares of intel stock?


b.what amount does john realize when he sells the 1,000 shares?


c.what is the gain/loss for
Business
1 answer:
posledela3 years ago
6 0

s for $42.50 per share. he also incurs a $1,000 fee for this transaction.

a.what is john's adjusted basis in the 1,000 shares of intel stock?

b.what amount does john realize when he sells the 1,000 shares?


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Answer:

= $52.78 per share

Explanation:

<em>The value of a business can be determined using the free cash flow model. According to this model, the value of a firm is is the present value of its free cash flow discounted at the weigthed average cost of capital (WACC.)</em>

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