An investor in the 25% marginal tax bracket purchased a bond for $983, received $85 in interest, and then sold the bond for $955 after holding it for six months
The tax rate for capital gains with holding periods in excess of one year is 15%. What are the pre-tax and post-tax holding period returns?
A) 5.8%; 4.3%
B) 6.0%; 4.5%
C) 5.8%; 4.5%
D) 6.0%; 4.3%
Answer: A
Business
You might also like to view...
CIDR stands for ________
A) Classless Inter-Domain Routing B) Classy Inter-Domain Routing C) Classical Inter-Domain Routing D) Classless Intra-Dominant Routing
Business
The Association of Record Managers is the highly respected association for record management professionals
Indicate whether the statement is true or false.
Business