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Tax Consequences.Katie paid $9,000 for a Ginnie Mae bond with a par value of $10,000 and a coupon rate of 7.3%. Two years later, after

Tax Consequences.Katie paid

$9,000

for a Ginnie Mae bond with a par value of

$10,000

and a coupon rate of

7.3%.

Two years later, after having received the annual interest payments on the bond, Katie sold the bond for

$9,084.

What are her total tax consequences if she is in a

33%

marginal tax bracket?

Katie's total tax consequences are

$nothing.

(Round to the nearest dollar.)

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