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6. Carol has investment interest expense of $11,000 from her margin account. She had municipal bond interest income of $6,000, corporate bond interest income of

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6. Carol has investment interest expense of $11,000 from her margin account. She had municipal bond interest income of $6,000, corporate bond interest income of $5.000, and qualified dividends of $2,000. She has elected to use the 15% tax rate on the qualified dividends. What is her investment interest deduction? A. $5,000 B. $7,000 C $11,000 D. $13,000

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