A 1,000, 8 bond sells for 980. 1,000 is called the ________. A) current value B) market value ...

Author Question: A 1,000, 8 bond sells for 980. 1,000 is called the ________. A) current value B) market value ... (Read 276 times)

gonzo233

Hero Member
Posts: 557

on: Jul 11, 2018

A 1,000, 8 bond sells for 980. 1,000 is called the ________.

A) current value
B) market value
C) par value
D) auction value

Question 2

If an asset is depreciable and used in business, any loss on the sale of the asset is tax-deductible only against other capital gains income, not against ordinary income.

Indicate whether the statement is true or false

wilsonbho

Sr. Member
Posts: 322

Reply #1 on: Jul 11, 2018

Answer to Question 1

C

Answer to Question 2

FALSE

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gonzo233

Hero Member
Posts: 557

Reply #2 on: Jul 11, 2018

Thank you

wilsonbho

Sr. Member
Posts: 322

Reply #3 on: Jul 11, 2018

Happy to help you

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