Question
On January 1st, Yves purchased a $10,000, 180-day Government of Canada T-bill maturing on June 29th at a quoted yield of 2.77%. On March 15th,
On January 1st, Yves purchased a $10,000, 180-day Government of Canada T-bill maturing on June 29th at a quoted yield of 2.77%. On March 15th, he sells the T-bill for $9,872.
What is Yves' taxable capital gain or allowable capital loss?
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
