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Alex owns an office building which the state condemns on January 15,2014.Alex receives the condemnation award on April 1,2014. In order to qualify for nonrecognition of gain on this involuntary conversion,what is the last date for Alex to acquire qualified replacement property?
Coupon Rate
The annual percentage rate at which a bond accrues interest, relative to its nominal value.
Yield
The annual percentage of the investment cost that represents the income generated from an investment, like dividends or interest earnings.
Rate of Return
The increase or decrease in the value of an investment during a set time frame, shown as a percent of the investment's initial cost.
Valuation
The process of determining the current worth of an asset or a company.
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