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Business, 03.09.2019 20:10 baue4431

Acustomer is short a dmf 50 call for which he received a premium of 4. seven months later, the call was exercised when the current market for dmf was 56. under the internal revenue code, what were the proceeds of his sale?
a) 5600.
b) 5400.
c) 5000.
d) 4600.

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