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Author Question: Given the following bond information:IssuercouponmaturitypriceyieldOntario 3.150 2022-Jun-02 99.00 ... (Read 55 times)

Garrulous

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on: Nov 11, 2019
Given the following bond information:

Issuercouponmaturitypriceyield
Ontario 3.150 2022-Jun-02 99.00 3.28

What would be the taxable income on this bond if it were purchased at this price on June 1st and sold December 1st for a price of 103.00 and has face value of $20 000 and a semi-annual coupon payment?
◦ Taxable capital gain of $1600 and interest of $656.
◦ Taxable capital gain of $200 and interest of $157.50.
◦ Taxable capital gain of $400 and interest of $315.
◦ Taxable capital gain of $800 and interest of $630.
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by Garrulous on Nov 11, 2019

reelove4eva

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Garrulous

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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