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    Exam 10: Bonds and Stocks: Characteristics and Valuations
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    The Internal Revenue Service (IRS) Assumes Interest Is Paid Over
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The Internal Revenue Service (IRS) Assumes Interest Is Paid Over

Question 97

Question 97

True/False

The Internal Revenue Service (IRS) assumes interest is paid over the life of the bond so, with zero-coupon bonds, investors must pay tax on interest they don't receive.

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