Question $23$

Question ID: $1566786$

An investor purchased a corporate zero$-$coupon bond on the offering at a price of $51.$ The bond matures in $17$ years and has a yield to maturity of $4\mathrm{.}04\%.$ Seven years later, the bond is sold at a price of $73.$ What are the tax consequences of the sale?

A$)$ Loss of $$262\mathrm{.}50$

B$)$ Gain of $227\mathrm{.}50$

C$)$ Gain of $$25\mathrm{.}76$

D$)$ No gain or loss until maturityNo gain or loss until maturity