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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Dean makes a pledge of $30,000 to a local college. the college is willing to accept either cash or marketable securities in fulfillment of the pledge. Dean owns stock in Ajax corporation worth 30,000. The stock was purchased five years ago for $10,000. Dean's marginal tax rate is 35%. Should Dean sell the stock and then donate the cash, or should he donate the stock directly? Compute the net tax benefit from each alternative and explain the difference.
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