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We just purchased a 30-year zero coupon bond. The yield to maturity on the bond is 7 percent. How much interest do we have to

We just purchased a 30-year zero coupon bond. The yield to maturity on the bond is 7 percent. How much interest do we have to report for tax purposes in the first year of owning the bond (approximately)? a) $126.93 $9.04** $11.37 $7.37 $29.10

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