A buy-and-hold investment strategy means that an investor's gains will be taxed as short-term capital gains

Indicate whether this statement is true or false.

Answer: FALSE

Business

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If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value of the property if a 10% return is required:

A: $8,000; B: $10,000; C: $80,000; D: $100,000.

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Which of the following is true of the Uruguay Round of the WTO?

A) It promoted short-term global trade growth. B) It increased the world's merchandise tariffs by 50 percent. C) It reduced the influence of the WTO in agriculture. D) It toughened the international protection of intellectual property. E) It consisted of discussions that lasted for two years.

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