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Which of the Following Tax Implications Will Result from Selling

Question 33

Multiple Choice

Which of the following tax implications will result from selling your bonds at a lower price than what you paid for them eight months ago?


A) You have a short-term capital gain taxed at your ordinary income tax rate.
B) You have a long-term capital gain subject to capital gains tax.
C) You have a long-term capital loss.
D) You have a short-term capital loss.

Correct Answer:

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