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Your client has carrying costs of $2.500, political contributions of $250, and taxable Income of $45,000. Her investment portfolio has unrealized capital gains of $8,000.

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Your client has carrying costs of $2.500, political contributions of $250, and taxable Income of $45,000. Her investment portfolio has unrealized capital gains of $8,000. Determine the best strategy for the client to minimize her taxable income. OA) Deduct carrying costs from taxable income. B) Deduct political contributions from taxable income. OC) Realize capital gains and deduct political contributions and carrying costs. D) Realize capital gains, deduct political contributions. With regard to the use of maturity dates as a basis of diversification for an Investment portfolio comprised of bonds, which one of the following statements is true? OA) Bonds with the same maturity date tend to be highly correlated. B) B The development of a portfolio comprised of bonds that all have the same term to maturity will neutralize the risk associated with a change in market Interest rates b) , Bonds with different maturity dates are always highly correlated, which is important to portfolio diversification D) Maturity date is not a basis upon which portfolio diversification should be based Peter would like to purchase preferred shares of PrintRight Inc., which have a pa value of $150 and a dividend rate of 6.25%. If the prevailing market interest rate similar types of investments is 5.1%, how much should Peter pay for a PrintRight preferred share? A) $157.65 B) $159.38 C) $183.82 D) $150.00 With regard to tax credits and deductions relative to Canadian Income tax, which of the following statements is/are true? Select all that apply DA) Tax credits act to reduce taxes owing B) Deductions favour higher income Canadians. C) A multiple of 15.0% is used in the calculation of all tax credits. D) Most tax credits are non-refundable

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