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Business, 06.11.2019 22:31 LucasOtto

Curtis invests $600,000 in a city of athens bond that pays 8.25% interest. alternatively, curtis could have invested the $600,000 in a bond recently issued by initech, inc. that pays 11% interest with similar risk as the city of athens bond. assume that curtis's marginal tax rate is 28%. what is curtis's after-tax rate of return on the city of athens bond?

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Curtis invests $600,000 in a city of athens bond that pays 8.25% interest. alternatively, curtis cou...
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