Kyler $($ordinary rate of $35\%$ in this question; regular capital gains rate of $15\%)$purchased Wong stock for $$400$ in February of $2022.$

In November of $2022,$ the stock had appreciated to $$900,$ and Kelsey sold the stock that

month. What is the combined after$-$tax cashflow from both the purchase and sale?

  

Answer rating: 100% (QA)

To calculate the combined aftertax cash flow from the purchase and sale of the stock we need to cons... View the full answer