标题: coupon payment is capital gain? [打印本页] 作者: metoyoushe 时间: 2011-7-11 18:28 标题: coupon payment is capital gain?
schweser vol 1 exam 3 afternoon # 99
an investor buys a par bond that pays an annual coupon of $80. He sells the par bond at par 1 year later.
a. capital gain of $80
b. no capital gain or loss
schweser says no capital gain or loss. I'm confused.
Here's the exact wording: ... if the investor sells the bond today (immediately after receiving the second coupon payment, and with no transaction costs), he will have:作者: bluejazzy 时间: 2011-7-11 18:28
capital gains are appreciation in the security i believe. dividends/coupons are taxed at personal income level...i may be wrong but thats my understanding作者: invic 时间: 2011-7-11 18:28
Home- since it was in the last year, any income he received would not qualify as cap gain
Interest from bonds is not cap gain, they go through income statement.
