CHAPTER 1 QUIZ 73 TO 77
73. The holding period to qualify for long-term capital gains is:
A. at least 6 months.
B. at least 9 months.
C. at least 18 months.
D. at least 2 years.
E. more than one year.
74. Common stock dividends are now taxed at a maximum rate of:
A. 10%.
B. 15%.
C. 20%.
D. 30%.
E. 38.8%.
75. Stocks and bonds are preferred during periods of:
A. higher inflation.
B. lower inflation.
C. rising stock prices.
D. higher risk premiums.
E. None of the above
76. A stock that pays low or no cash dividends is:
A. eBay.
B. Duke Power.
C. AT&T.
D. All of the above
77. Deposits in an IRA are:
A. allowed to grow tax free until withdrawal.
B. deducted from current income tax due.
C. deducted from current income to reduce income tax due.
D. A and C
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