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Tax Consequences. Bonnie paid $8,900 for corporate bonds that have a par value of $10,000 and a coupon rate of 8.9%, payable annually. Bonnie received

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Tax Consequences. Bonnie paid $8,900 for corporate bonds that have a par value of $10,000 and a coupon rate of 8.9%, payable annually. Bonnie received her first interest payment after holding the bonds for 11 months and immediately sold the bonds for $9,144. If Bonnie is in a 33% marginal tax bracket for federal income tax purposes, what are the tax consequences of her ownership and sale of the bonds? (Hint: Assume that there are no state income taxes.) The tax on the sale of the bonds is $ (Round to the nearest cent.)

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