If an S Corporation Shareholder's Basis in a Loan to the Entity

question 61

Short Answer

If an S corporation shareholder's basis in a loan to the entity has been _________________, the shareholder recognizes gross income when the S corporation repays the shareholder.

Assess the role of interest-rate risk in bond portfolio management for both active and passive managers.

Comprehend the impact of coupon rate and maturity on bond duration and price sensitivity to interest rate changes.

Identify key contributors to bond portfolio management theory and recognize their contributions.

Understand advanced strategies such as rate anticipation swaps, substitution swaps, and the use of convexity in portfolio management.

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Definitions:

Social Psychologist

A professional who studies how individual thoughts, feelings, and behaviors are influenced by the social environment and the presence of other people.

Destructive Obedience

The concept where individuals comply with harmful orders or directives, often from an authority figure, against their own personal morals or ethical codes.

Milgram Experiments

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

"Learners"

Individuals engaged in the process of gaining knowledge, understanding, or skill through study, experience, or teaching.