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A $1,000 zero coupon bond matures in five years and sells for $784 to yield...

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Finance

A $1,000 zero coupon bond matures in five years and sells for $784 to yield 5 percent. The accrued interest for the first year is $39. You are in the 30 percent federal income tax bracket. What is tax owed in the interest if the bond is in your Roth retirement account (IRA)?

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