On March 6, Voldemort owns 100 shares of a construction company, and he gets a dividend of $$2 per share. Market price of her share is $30 + Your Id# ( Such as for student with ID 23-001 MP = $30+1 =$32 ,for 23-011, MP = $30+11 =$41, for 23-111, MP = $30+111 =$141). However, Voldemort wants to get $3.00 per share. Can he use %3D a homemade dividend? How?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter9: Acquisitions Of Property
Section: Chapter Questions
Problem 71IIP
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2. On March 6, Voldemort owns 100 shares of a construction company, and he gets a
dividend of $$2 per share. Market price of her share is $30 + Your Id# ( Such as for
student with ID 23-001 MP = $30+1 =$32 ,for 23-011, MP = $30+11 =$41, for 23-111,
MP = $30+111 =$141). However, Voldemort wants to get $3.00 per share. Can he use
a homemade dividend? How?
Transcribed Image Text:2. On March 6, Voldemort owns 100 shares of a construction company, and he gets a dividend of $$2 per share. Market price of her share is $30 + Your Id# ( Such as for student with ID 23-001 MP = $30+1 =$32 ,for 23-011, MP = $30+11 =$41, for 23-111, MP = $30+111 =$141). However, Voldemort wants to get $3.00 per share. Can he use a homemade dividend? How?
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