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investment for individual Given the following bond information: Issuer: Ontario Coupon: 3.150 Maturity: 2022-Jun-02 Price: 99.00 Yield: 3.28 What would be the taxable income on
investment for individual
Given the following bond information: Issuer: Ontario Coupon: 3.150 Maturity: 2022-Jun-02 Price: 99.00 Yield: 3.28 What would be the taxable income on this bond if it were purchased at this price on June 1st and sold December 1st for a price of 103.00 and has face value of $20 000 and a semi-annual coupon payment? O A) Taxable capital gain of $800 and interest of $630. O B) Taxable capital gain of $400 and interest of $315. O c) Taxable capital gain of $1600 and interest of $656. D) Taxable capital gain of $200 and interest of $157.50. Given the following bond information: Issuer: Ontario Coupon: 3.150 Maturity: 2022-Jun-02 Price: 99.00 Yield: 3.28 What would be the taxable income on this bond if it were purchased at this price on June 1st and sold December 1st for a price of 103.00 and has face value of $20 000 and a semi-annual coupon payment? O A) Taxable capital gain of $800 and interest of $630. O B) Taxable capital gain of $400 and interest of $315. O c) Taxable capital gain of $1600 and interest of $656. D) Taxable capital gain of $200 and interest of $157.50Step by Step Solution
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