Question: TIME SENSITIVE please answer quickly Ann invests $100 in stocks today. Assume a 5% annual rate or return, a 20% tax rate on capital gains,
TIME SENSITIVE please answer quickly
Ann invests $100 in stocks today. Assume a 5% annual rate or return, a 20% tax rate on capital gains, and a 40% annual portfolio turnover. What are the realized capital gains in year 1?
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