What is martinas basis for each of the shares received

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Reference no: EM131253567

Martina owns 100 shares of Bangor Corporation common stock at the beginning of the year, with a basis of $16,500. During the year, Bangor declares and pays a 10% nontaxable stock dividend. What is Martina's basis for each of the shares received?

Reference no: EM131253567

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What is martinas basis for each of the shares received : Martina owns 100 shares of Bangor Corporation common stock at the beginning of the year, with a basis of $16,500. During the year, Bangor declares and pays a 10% nontaxable stock dividend. What is Martina's basis for each of the shares received?

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