Calculate the taxable capital gain expected when James sells his bond this year.

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I have a group assignment, and Im responsible for two questions. I dont know how many pages would you need. 1, 2, 3 or for? The writer should let me know.

KEEP IN MIND ALL THESE QUESTIONS ARE RELATED TO CANADIAN LAWS AND EVERYTHING IS PRESUMED TO BE IN CANADA,

The two questions are:

QUESTION #5 (13 Marks)

This question relates to the Canada Deposit Insurance Corporation Act (CDIC).

REQUIRED:
Answer the following questions:
a. What is the nature and purpose of this organization? (3 Marks)
b. What investments are covered (insured) under this Act? List 6 investment and account types. (3 Marks, 1/2 mark each)
c. Name six (6) investments types that are excluded from CDIC insurance? (3 Marks, 1/2 mark each)
d. Explain if there is CDIC coverage for the EACH of the following scenarios (4 Marks):
Your client has the following joint deposits at a CDIC member institution:
i) Eligible deposits worth $75,000 held with a spouse;
ii) Eligible deposits worth $75,000 held with a spouse and a minor child;
iii) Eligible deposits worth $125,000 held with two business partners;
iv) A term deposit that matures in 2 years (2017), originally purchased in 2007

QUESTION #6 (16 Marks)

A) James purchased a $1,000, 5 year, 5% bond two years ago when the prevailing interest rates was 6%. He wants to sell the bond this year. The current market rate is 4%.
Calculate the taxable capital gain expected when James sells his bond this year.(10 Marks)

B) List and describe three (3) differences between Government of Canada bonds and Canada Savings Bonds. ( 6 marks)