Question: Preena placed $ 2 0 0 , 0 0 0 in trust for her 1 0 - year old son, Jasdeep. The money was invested

Preena placed $

200, 000

in trust for her

10 -

year old son, Jasdeep. The money was invested in common shares of taxable Canadian corporations listed on the Toronto Stock Exchange. Last year, the trust received dividends of $

4, 000 .

Which of the following statements is true?

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