Gains are taxed according to which of the rules

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Reference no: EM131572127

Since the mark-to-market rules for futures contracts were established in 1981, gains are taxed according to which of the following rules?

a. 50% long-term, 50% short-term

b. 40% long-term, 60% short-term

c. 60% long-term, 40% short-term

d. 55% long-term, 45% short-term

Reference no: EM131572127

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