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A Certificate of Deposit (CD) pays interest of 3.6% and a State of Colorado Bond pays interest of 2.8%. What is the after-tax rate of

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A Certificate of Deposit (CD) pays interest of 3.6% and a State of Colorado Bond pays interest of 2.8%. What is the after-tax rate of return for a Colorado resident given a Federal Marginal Tax Rate of 28% and a Colorado Tax Rate of 5%? O CD: 3.6%, State of Colorado: 2.8% CD: 2.6%, State of Colorado 2.7% CD: 3.4%, State of Colorado: 2.8% CD: 2.4%, State of Colorado: 2.8%

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