Find taxes on the investment after the first year

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Question: You buy a 10-year $1,000 par value zero-coupon bond priced to yield 6%. You do not sell the bond. If you are in a 28% tax bracket, you will owe taxes on this investment after the first year equal to? Show work. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131951445

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