Katie paid 9600 for a ginnie mae bond with a par value of, Ask an Expert

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Katie paid ?$9,600 for a Ginnie Mae bond with a par value of? $10,000 and a coupon rate of 6.2?%. Two years? later, after having received the annual interest payments on the? bond, Katie sold the bond for $9,887. What are her total tax consequences if she is in a 35?% marginal tax? bracket?

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Financial Management, Finance

Category:- Financial Management
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