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An investor purchased a corporate zero-coupon bond on the offering at a price of 51. The bond matures in 17 years and has a yield to maturity of 4.04%. Seven years later, the bond is sold at a price of 73 ¾. What are the tax consequences of the sale? A) Loss of $262.50 B) Gain of $227.50 C) Gain of $25.76 D) No gain or loss until maturityNo gain or loss until maturity
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