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In advising a client regarding potential investments, potential advantages of investing in capital assets include which of the following? a. the tax on capital gains
In advising a client regarding potential investments, potential advantages of investing in capital assets include which of the following?
a. the tax on capital gains is generally deferred until the gain is realized
b. long-term capital gains are taxed only at 5 percent
c. short- term capital gains are taxed only at 15 percent
d. a, b, and c
e. a and c only
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