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Bob owns 200 shares of T Corp common stock, which he

acquired for $800. In October...
Bob owns 200 shares of T Corp common stock, which he acquired for $800. In October of this year, he received a stock dividend of 20 shares of preferred worth $10 per share when the common was worth $1 per share. What is Bob's basis in his preferred stock?$200
$400
$600
$720
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3/24/2018
Carter McBride
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