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Title: On January 31 of the current year, Sophia pays $1,000 for an option to acquire 100 shares of Texas ... Post by: Augustus1 on Jan 9, 2017 On January 31 of the current year, Sophia pays $1,000 for an option to acquire 100 shares of Texas Corporation common stock for $105 per share at any time prior to December 31. Sophia does not exercise the option. Which of the following statements is correct?
A) Sophia may recognize a $1,000 STCL. B) Sophia may recognize a $1,000 LTCL. C) Sophia may recognize a $1,000 ordinary income. D) Sophia may not recognize a loss. Title: Re: On January 31 of the current year, Sophia pays $1,000 for an option to acquire 100 shares of ... Post by: Yoko900 on Jan 9, 2017 Content hidden
Title: Re: On January 31 of the current year, Sophia pays $1,000 for an option to acquire 100 shares of Texas ... Post by: Augustus1 on Mar 19, 2017 You're a saint, honestly
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