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Business, 20.02.2020 23:06 aprilhood4022

Lisa recently purchased 80 shares of a company for $8800 ($110 per share). The company has been doing well. Given the success of the company, her shares are now worth $190 each. This year, she received a dividend of $880, which she reinvested to purchase 5 shares of stock in the company. How does Lisa’s decision to reinvest her dividend (buy more stock) affect her total basis in the investment?

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