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Three years ago, you purchased 3,000 shares of Blossom Inc. for $16 per share. Today Metwa is repurchasing its shares through a fixed-price tender offer at a price of $43 per share. What are the after-tax proceeds that you will receive if capital gains are taxed at a rate of 20 percent? After tax proceeds$( )

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Three years ago, you purchased 3,000 shares of Blossom Inc. for $16 per share. Today Metwa is repurchasing its

shares through a fixed-price tender offer at a price of $43 per share. What are the after-tax proceeds that you will receive if capital gains are taxed at a rate of 20 percent?

After tax proceeds$( )

 
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