1. Angela received stock dividends, valued at $ 10000, from lucky investor Inc, a taxable Canadian corporation. Which one of the following statements is correct?

A, Angela will receive the stock dividend tax free.

B, The $10000 will be included in Angelas income with no other special adjustments.

C, The stock Angela received translates into a grossed-up dividend of $13800 which will be included in her income.

D, There is not sufficient information to calculate the tax consequence.

2. With regard to the concept of fundamental analysis, which of the following statements is/are ture? (select all the apply)

A, it is used as a tool to identify mispriced securities.

B, Data used in this analysis could be derived from interviews with key management at a particular company.

C, Historical price movements of the companys stock are tracked over long periods of time and analyzed for consistent patterns.

D Patterns related to the average price of a companys stock over an extended period of time are used in this analysis.

3. Hannah is considering the purchase of a callable bond with a par value of $10000 and a current market value of $11250, the bonds coupon rate is 11.5% and there are five years left to maturity. The bonds call date is exactly two years from now. The bond includes a $ 500 financial enhancement if it is called prior to its maturity date. Calculate the bond;s yield-to-call.

A. 4.80%

B. 4.87%

C. 7.06%

D. 7.45%

4. Roy disposed of a piece of equipment that falls into his Class 8 CCA account (it was the only asset in this account). The proceeds of disposition on the equipment are$ 10000. The UCC is $8000 and the original cost was $20000. With regard to this transaction, which one of the following statements is ture?

A. Roy realizes a $10000 capital loss.

B. Roy realizes a $2000 recapture of CCA.

C. Roy realizes a $2000 terminal loss.

D. The entire proceeds of disposition are taxable.