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  3. 1. you just bought a 11-year zero-coupon bond with

1. You just bought a 11-year zero-coupon bond with a face value of $1,000 and...

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Finance

1. You just bought a 11-year zero-coupon bond with a face value of $1,000 and a yield to maturity of 2.7% (APR with semiannual compounding).

What is the amount of interest you have to declare for tax purposes in the first year of owning the bond?

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