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Nikhil paid $47,000 for a bond with a par value of $50,000. The bond matures in three years. If he does NOT choose to accrue

Nikhil paid $47,000 for a bond with a par value of $50,000. The bond matures in three years. If he does NOT choose to accrue the $3,000 market discount, how will he report this amount on his tax return

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