Multiple Choice
Sally purchased one share of Stryker stock for $200 in year 1 and sold that share in year 2 for $400.The inflation rate between year 1 and year 2 was 50%.The tax on nominal capital gains is 50%.What was the tax on Sally's capital gain?
A) $50
B) $75
C) $100
D) $200
Correct Answer:

Verified
Correct Answer:
Verified
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