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several years ago you purchase a zero coupon treasury bond. at the end of the last year its YTM was 4% and it had 15
several years ago you purchase a zero coupon treasury bond. at the end of the last year its YTM was 4% and it had 15 years until maturity. at the end of this year the YTM had fallen to 2% and you decide to sell it. what is your federal tax liability? assume a marginal tax rate of 25% and long term capital gains tax rate is 15%.
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