Question
4. Three years ago you purchased a share of CompUTech stock for $4, which you could sell today at the current market price of $150.
4. Three years ago you purchased a share of CompUTech stock for $4, which you could sell today at the current market price of $150. What would be your capital gain on the sale, ignoring commissions.
a.) $150
b.) $4
c.) $146
d.) $154
e.) Cannot determine from the information provided
7. Marty and Esther were told by their financial planner that ________years was the limit on the debt resolution rule, that is, all outstanding debt, except a mortgage and education, should be repaid within this time period. Then the cycle will continue.
a.) 2
b.) 3
c.) 3.5
d.) 4
e.) 5
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