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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 7: Deductions and Losses: Certain Business Expenses and Losses
  5. Question
    A Bond Held by an Investor That Is Uncollectible Will
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A Bond Held by an Investor That Is Uncollectible Will

Question 62

Question 62

True/False

A bond held by an investor that is uncollectible will be treated as a worthless security and, hence, produce a capital loss.

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