How much of the $ 100,000 interest that is paid on a loan from Everett National Bank

Question:

How much of the $ 100,000 interest that is paid on a loan from Everett National Bank can Ben deduct if he invests the loan proceeds in the following? Consider each item independently. a. South Chicago School District bonds b. AT& T bonds, paying $ 125,000 interest income this year c. Computer Futures Inc. shares, a growth stock that pays no dividend this year d. A life insurance policy on Betty, Ben’s wife

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...