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Business, 28.05.2021 19:40 fatherbamboo

A newly issued 5-year maturity, 3% coupon bond making annual coupon payments is sold to the public at a price of $900. The bond will not be sold at the end of the year. The bond is treated as an original-issue discount bond. What will be an investor's taxable income from the bond over the coming year

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A newly issued 5-year maturity, 3% coupon bond making annual coupon payments is sold to the public a...
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