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Title: On January 31 of this year, Mallory pays $800 for an option to acquire 100 shares of Mesa ... Post by: AlexClark on Sep 7, 2020 On January 31 of this year, Mallory pays $800 for an option to acquire 100 shares of Mesa Corporation common stock for $85 per share. As a result of an increase in the market value of the Mesa stock, the market price of the option increases and Mallory sells the option for $1,000 on August 4. As a result of the sale, Mallory must recognize
▸ $200 STCG. ▸ $800 STCG. ▸ $200 ordinary income. ▸ $800 ordinary income. Title: On January 31 of this year, Mallory pays $800 for an option to acquire 100 shares of Mesa ... Post by: daniellebaker on Sep 7, 2020 Content hidden
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