A capital gain occurs when:
A)the selling price is less than the purchase price.
B)the purchase price is less than the selling price.
C)there is no dividend paid.
D)there is no income component of return.
E)Never, as they can not exist.

Name: A capital gain occurs when: A)the selling price is less than the purchase price. B)the purchase price is less than the selling price. C)there is no dividend paid. D)there is no income component of return. E)Never, as they can not exist.
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Question

Quizplus · Accepted Answer

The Answer is B

A Capital Gain Occurs When