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The difference between the purchase price and the repurchase price, or sale price, plus accrued interest on the security represents:
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Question 38 - CTFA discussion

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When constructing a portfolio for a UK resident basic-rate taxpayer who requires an income, the most tax efficient solution would be achieved by:

A.
Only investing in offshore products
Answers
A.
Only investing in offshore products
B.
Holding fixed-interest funds within a stocks and shares ISA
Answers
B.
Holding fixed-interest funds within a stocks and shares ISA
C.
Purchasing National Savings & Investments (NS&I) Fixed-Interest Savings Certificates
Answers
C.
Purchasing National Savings & Investments (NS&I) Fixed-Interest Savings Certificates
D.
Holding high-yielding equities within a stocks and shares ISA
Answers
D.
Holding high-yielding equities within a stocks and shares ISA
Suggested answer: B
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asked 16/09/2024
Sérgio Filipe Soares
43 questions
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