Taxpayers who are dealers are in the business of buying and


1. Taxpayers who are dealers are in the business of buying and selling property. How is property classified to a dealer? (1) As an investment (2) as a rental activity (3) as a a trade or a business activity (4) as inventory

2. You deposit $8,232 in a 29 year CD that offers a 9.63% rate of return compounded daily. What will the CD be worth at maturity?

3. Drawing a contingency graph for a call option for euros with a strike price of $1.10 and a premium of $.06. Current spot rate is $1.15.

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Financial Management: Taxpayers who are dealers are in the business of buying and
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