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Author Question: Given the following bond information:IssuercouponmaturitypriceyieldOntario 3.150 2022-Jun-02 99.00 ... (Read 38 times)

Garrulous

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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.


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Marked as best answer by Garrulous on Nov 11, 2019

reelove4eva

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Garrulous

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Reply 2 on: Nov 11, 2019
Gracias!


aliotak

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Reply 3 on: Yesterday
Excellent

 

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