Series 7 - General Securities Representative Exam

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

Jackson purchased a 6 percent XYZ corporate bond at 70 with 5 years to maturity. 4 years later, Jackson sold the bond at 95. What is the gain or loss?

$500 Capital Gain

A

$250 Capital Gain

B

$50 Capital Loss

C

$50 Capital Gain

D