In January 2015,Jake's Wife Dies and He Does Not Remarry

question 98

True/False

In January 2015,Jake's wife dies and he does not remarry.For tax year 2015,Jake may not be able to use the filing status available to married persons filing joint returns.

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Definitions:

Market Risk

That part of a security’s total risk that cannot be eliminated by diversification; measured by the beta coefficient.

Maturity Date

The date when the bond’s par value is repaid to the bondholder. Maturity dates generally range from 10 to 40 years from the time of issue.

Default Probability

The likelihood that a borrower will be unable to meet debt obligations, leading to a default on the obligation.

Annual Coupon

The interest payment made by a bond issuer to the bondholders, usually annually.