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An investor purchased a zero - coupon corporate bond on the offering. The price was $ 5 2 0 , and the bond matures in
An investor purchased a zerocoupon corporate bond on the offering. The price was $ and the bond matures in years. Ten years after the purchase, the investor sold the bond for $ For tax purposes, the investor will report A a $ longterm capital loss. B $ in ordinary income. C a $ longterm capital gain. D a $ longterm capital gain.
An investor purchased a zerocoupon corporate bond on the offering. The price was $ and the bond matures in years. Ten years after the purchase, the investor sold the bond for $ For tax purposes, the investor will report
A a $ longterm capital loss.
B $ in ordinary income.
C a $ longterm capital gain.
D a $ longterm capital gain.
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