Collin pledged a $5,000 gift to his church for its building fund. He has 125 shares of

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Collin pledged a $5,000 gift to his church for its building fund. He has 125 shares of stock that he purchased six years ago for $100 per share. It is currently worth $40 per share. Collin wants to give the stock to the church to satisfy his pledge. What advice do you have for Collin?
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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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