Tatiana is considering purchasing a $10,000, 9 percent corporate bond. She also found that she can buy

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Tatiana is considering purchasing a $10,000, 9 percent corporate bond.

She also found that she can buy a $10,000, 7 percent municipal bond.

Her federal income tax rate is 28 percent. Determine her net interest.

Show your computations.

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Managing Your Personal Finances

ISBN: 9781305076815

7th Edition

Authors: Joan S. Ryan, Christie Ryan

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