Submitted by samuel11 on October 7, 2007
Abstract
Capital gain is the amount by which an asset's selling price exceeds its initial purchase price. A realized capital gain is an investment that has been sold at a profit. An unrealized capital gain is an investment that hasn't been sold yet but would result in a profit if sold. Capital gain is often used to mean realized capital gain. For most investments sold at a profit, including mutual funds, bonds, options, collectibles, homes, and businesses, the IRS is owed money called capital gains tax (Investorwords.com, 2007). US financial markets function on corporations and within corporations there are roles some being investment bankers and within have different sources for...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!