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You purchased 1,000 shares of Oriole stock five years ago for $30 per share. Today Oriole is repurchasing your shares through a fixed-price tender offer for $75 per share. What are the after-tax proceeds to you if only your capital gain is taxed at a 15 percent rate? After-tax proceeds$( )

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You purchased 1,000 shares of Oriole stock five years ago for $30 per share. Today Oriole is repurchasing your

shares through a fixed-price tender offer for $75 per share. What are the after-tax proceeds to you if only your capital gain is taxed at a 15 percent rate?

After-tax proceeds$( )

 
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