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15. (After-tax yields) Your income puts you in the 24% federal tax bracket, and as resident of Illinois, in the 4% state tax bracket. What
15. (After-tax yields) Your income puts you in the 24% federal tax bracket, and as resident of Illinois, in the 4% state tax bracket. What after-tax yield would you receive on: a. An ExxonMobil Corporation bond yielding 10%? b. A U.S. Treasury bond yielding 5%? c. A State of New Jersey bond yielding 4%? d. A State of Illinois bond yielding 4%
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