Bonnie paid $ 9,500 for corporate bonds that have a par value of $ 10,000 and a

Question:

Bonnie paid $ 9,500 for corporate bonds that have a of $ 10,000 and a rate of 9%, payable annually. Bonnie received her first interest payment after holding the bonds for 12 months and then sold the bonds for $ 9,700. If Bonnie is in a 35% marginal tax bracket for federal income tax purposes, what are the tax consequences of her ownership and sale of the bonds? Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...