An individual buys 200 shares of General Electric Corporation stock.In lieu of receiving quarterly dividends,the individual signs an agreement to have dividends reinvested by GE into additional shares of stock.The

An individual buys 200 shares of General Electric Corporation stock.In lieu of receiving quarterly dividends,the individual signs an agreement to have dividends reinvested by GE into additional shares of stock.The individual does not receive dividend checks so he need not recognize the quarterly dividends for tax purposes.


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