Sergio acquires a $100,000 Ternco Corporation bond (5%, 20-year bond) on January 1, 2018 for $75,000. The bond had been issued on January 1, 2016. If Sergio holds the bond to maturity, at redemption he will recognize
A. a long-term capital gain.
B. $0 gain or loss.
C. ordinary income.
D. a mix of ordinary income and long-term capital gain.
Answer: C
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Which item is NOT listed as an ethical issue for organizational influence strategies as noted from the text?
A. framing B. impression management C. coercion D. communication of expectations
With reference to the United States Bankruptcy Code, which of the following is an advantage of bankruptcy to debtors?
A) It results in a decrease in autonomy. B) The management's ability to make and implement decisions rapidly is enhanced. C) Debtors are not subject to legal and accounting expenses. D) Debtors retain possession of a bankruptcy estate.
The internal rate of return assumes that a project's intermediate cash inflows are reinvested at a rate equal to the firm's cost of capital
Indicate whether the statement is true or false
After World War II, laws were revised so that U.S. corporations could
a. increase their profits. b. get more business. c. play a larger role in society. d. favor their owners.