3 Question 4 (0.5 points) I have been holding some IBM stocks for two years and just sold them for a profit (after all costs) of $8000. My current year's taxable income is $425000 and I file tax as a single filer. Use the tax schedule in 2017 (slide 8 of the lecture notes) to calculate how much tax I should pay for my profit from selling the IBM stocks (round to the nearest dollar). Your Answer: Answer Question 5 (0.5 points) A local government bond offers an interest rate of 6.6%. My current year's taxable income is $132000 and 1 file tax as a single filer. Use the tax schedule in 2017 (slide 8 of the lecture notes) to calculate the equivalent taxable yield for the local government bond? (keep two decimal places such as 0.06) Your