Business, 12.03.2020 00:30 halbrookc7082

Katie paid $9400 for a Ginnie Mae bond with a par value of $10000 and a coupon rate of 6.5%. Two years later, after having received the annual interest payments on the bond, Katie sold the bond for $9700. What are her total tax consequences if she is in a 22% marginal tax bracket?

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Katie paid $9400 for a Ginnie Mae bond with a par value of $10000 and a coupon rate of 6.5%. Two yea...

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