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Title: Sergio acquires a $100,000 Ternco Corporation bond (5%, 20-year bond) on January 1, 2016 for ... Post by: bdog123 on Sep 7, 2020 Sergio acquires a $100,000 Ternco Corporation bond (5%, 20-year bond) on January 1, 2016 for $75,000. The bond had been issue on January 1, 2014. If Sergio hold the bond to maturity, at redemption he will recognize
▸ $0 gain or loss. ▸ ordinary income. ▸ a long-term capital gain. ▸ a mix of ordinary income and long-term capital gain. Title: Sergio acquires a $100,000 Ternco Corporation bond (5%, 20-year bond) on January 1, 2016 for ... Post by: Ilovesushi on Sep 7, 2020 Content hidden
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