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What amount of foreign exchange gain is taxable

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Reference no: EM132969780

Problem 1: You purchased a USD strip bond at $9,350 CAl CAD when the USD/CAD was trading at. Later, at the bond's maturity, the USD/CAD was trading at. What amount of your foreign exchange gain is taxable?

a) $0.00

b) $1,672

c) $1,872

d) $2,750

Reference no: EM132969780

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