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Options
- A
the current market price of the shares
- B
the Fair Market Value of the rights shares
- C
the price which is actually paid or fair market value of the rights shares, whichever is higher
-
the price which is actually paid for acquisition of the rights shares
Correct answer
Why this is the answer
The cost basis for rights shares is the purchase price paid by the shareholder, which is used for capital gains calculations.
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