Which of the following loans would not give rise to a Division 7A deemed unfranked dividend for the year ended 30 June 2020?
A) An unsecured loan at the interest rate of 6% for a loan term of 5 years
B) An unsecured loan at an interest rate of 8% for 10 years
C) An unsecured loan at the interest rate of 1% for a loan term of 7 years
D) An unsecured loan at the interest rate 4% for a loan term of 8 years
Correct Answer:
Verified
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