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How much is his capital gain

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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

Reference no: EM133177742

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