Ms. Crocker bought 1,000 shares of EMO Corporation stock for $10,000 on January 20, 2016. On December 28, 2018 she sold all 1,000 shares of her EMO stock for $9,000. Based on a hot tip from her friend, she bought 1,000 shares of EMO stock on January 15, 2019 for $7,000. What is Ms. Crocker’s recognized loss on her 2018 sale and what is her basis in her 1,000 shares purchased in 2019?

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: