Question
An investor contributed two securities from his trading account to his RRSP. Each had a cost base of $5,000. Security #1 had a market value
An investor contributed two securities from his trading account to his RRSP. Each had a cost base of $5,000. Security #1 had a market value of $7,000 when it was contributed into the RSP, while Security #2 had a market value of $4,500. The capital gain that would have to be reported would be...
a)$0
b)$1,500
c)$2,000
d)$11,500
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
