Question: A newly issued 1 0 - year maturity. 8 % coupon bond making annual coupon payments is sold to the public at a price of

A newly issued 10-year maturity. 8% coupon bond making annual coupon payments is sold to the public at a price of $938. What will
be an investor's taxable income from the bond over the coming year? The bond will not be sold at the end of the year. The bond is
treated as an original issue discount bond. (Round your answer to 2 declmal places.)
Taxable income
A newly issued 10-year maturity. 8% coupon bond making annual coupon

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