[csacct1]

Thanks a lot for the explanation. understood now.

[csacct1]

didn’t pay attention to that part previously. noted. Thank you very much for your help Sir.

[csacct1]

Hi Sir, I have seen the notes, and my question is.. for chapter 2, example 5, what if the non savings income is 9,000 , ie less than the personal allowances 10,000? negative taxable income, will it be exempted?

[csacct1]

So the 1month before salary increased will be based on the old salary 12000 and 13000. I got it. Thank you very much for the clear explanation.

[csacct1]

So just to confirm, I will just compute the taxable income from the bank interest?

[csacct1]

I am sorry sir. We are having study break before finals and couldn’t ask lecturer anymore questions. Anyway,thank you for all your help all this while. You’re great.

[csacct1]

Another doubt ..

A 20yr 9% semi annual coupon bond with a par value of $1000 may be called in 8years at a premium of 12%. The bond sells at $1260

iv) If a friend offers to sell you this bond at $1200, would you take up the offer?

(( part i it asked the YTM, i found out its 6.63%
part ii cap/gain loss yield, my answer is 0.51% loss
part iii YTC, 6.04% ))

[csacct1]

remembered my lecturer said about the last part of what you explained. Thank you so much for your help Sir.

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