Katie paid $ 9,400 for a Ginnie Mae bond with a par value of $ 10,000 and

Question:

Katie paid $ 9,400 for a Ginnie Mae bond with a of $ 10,000 and a rate of 6.5%. Two years later, after having received the annual interest payments on the bond, Katie sold the bond for $ 9,700. What are her total tax consequences if she is in a 25% marginal tax bracket? Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...