If a stock was purchased for $5,000 in January 2015 and is sold in December 2015 for $3,000, a ________ of $2,000 results
A) long-term capital gain
B) short-term capital gain
C) long-term capital loss
D) short-term capital loss
Answer: D
Business
You might also like to view...
A corporate bond portfolio manager was overhead asking:"Why do I need a credit risk model. I can get information about the probability of default from credit ratings?" How would you respond to this portfolio manager?
What will be an ideal response?
Business
When a partner retires from the business, the partner's interest may be purchased by one or more of the remaining partners or by an outside party
a. True b. False Indicate whether the statement is true or false
Business