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An investor bought a 13-year zero-coupon bond with yield to maturity of 7.88 percent and face value of $1,000. The bond pays coupons annually. The
An investor bought a 13-year zero-coupon bond with yield to maturity of 7.88 percent and face value of $1,000. The bond pays coupons annually. The investor's income tax rate is 35 percent. If the investor does not sell the bond one year after purchasing it, how much income tax will he pay? Group of answer choices $10.29 $0.00 $8.38 $12,85 $13.71
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