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Barrett's parents provided him with a $ 9 0 , 0 0 0 zero - interest gift loan for a down payment on a house.
Barrett's parents provided him with a $ zerointerest gift loan for a down payment on a house. Barrett's net investment income for the current year is $ Assume that the loan is outstanding all year. The current applicable federal interest rate is What is the amount of the imputed foregone interest on the loan?
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