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An investor buys a 12 -year, zero-coupon bond with face value of $1,000 for $449.02. The investor plans to hold the bond until it matures.

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An investor buys a 12 -year, zero-coupon bond with face value of $1,000 for $449.02. The investor plans to hold the bond until it matures. How much tax will the investor pay, after holding the bond for one year, if his marginal tax rate is 35 percent? Assume annual compounding. $10.84 $0.00 $6.20 $8.71 $12.93

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