FINRA SIE Question Answer
A customer purchased 100 shares of Company XYZ common stock five years ago for $20.00 per share. Over the life of her investment, the customer received cash dividends of $2.00 per share, on which she paid total income taxes of $0.50 per share. She recently sold the stock for $30.00 per share. What is the customer's cost basis in each share of XYZ stock?
FINRA SIE Summary
- Vendor: FINRA
- Product: SIE
- Update on: Jan 2, 2026
- Questions: 188
