On february 16 year 1 fred samson purchased 100 shares of, Financial Management

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On february 16 year 1 fred samson purchased 100 shares of

On February 16, year 1, Fred Samson purchased 100 shares of Oscar Corporation stock at $40 per share. On July 28, year 5, he sold the 100 shares at $25 per share. On August 10, year 5, he purchased 100 shares of Oscar Corporation at $30 per share. These are the only capital asset transactions by the Samsons during year 5.

What is Fred's basis PER SHARE in each of the 100 shares of Oscar?

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Financial Management: On february 16 year 1 fred samson purchased 100 shares of

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Financial Management: On february 16 year 1 fred samson purchased 100 shares of

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