The document presents a question about the classification of a loss from selling a non-dividend-paying stock. The options provided to categorize this loss include dividends, capital depreciation, income, and capital appreciation. The focus is on understanding the components of return related to stock sales.

1. If one sells a non-dividend-paying stock at a loss, which component of return does this loss
belong to?
a. Dividends
b. Capital depreciation
c. Income
d. Capital appreciation