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Question - Jason purchases a $10,000 corporate bond in 2019. He purchases the bond at a price of 97.00 and his total outlay is $9,860.00. In 2020 he sells the bond at a price of 101.50 and receives $10,650. Assuming Samir paid no commissions to buy or sell the bond, how much is his capital gain?
A) $450
B) $150
C) $790
D) $395
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