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15. You buy a 10 year $1,000 par 4% annual payment coupons bond priced to yield 6%. This bond is an OID (original issue discount)
15. You buy a 10 year $1,000 par 4% annual payment coupons bond priced to yield 6%. This bond is an OID (original issue discount) bond. You do not sell the bond at year end. If you are in a 15% tax bracket, at year end you will owe taxes on this investment equal to ______.
A)$7.68
B)$9.10
C)$4.25
D)$5.20
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