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Answer:
40%9:14pm
Which of the following is correct?
Merry buys stocks for $3,000 and sells them
a year and a half later for $7,000.
Merry has to pay short-term capital
gains taxes on $3,000.
Merry has to pay long-term capital
gains taxes on $4,000.
Merry has to pay long-term capital
gains taxes on $7,000.
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