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I decided to buy 8 WMT 6s of 12 on March 15th (15 days after the March 1st semi-annual payment) and sold them on October
I decided to buy 8 WMT 6s of 12 on March 15th (15 days after the March 1st semi-annual payment) and sold them on October 7th (38 days after the September 1st semi-annual payment). How much interest must I report to the IRS for holding the bonds?
Show work. A. $240.00 B. $270.24 C. $309.70 D. $49.97 E. $209.76 F. $19.73
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