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Alan inherited $100,000 with the stipulation that he invest it to financially benefit his family. Alan and his wife Alice decided they would invest the
Alan inherited $100,000 with the stipulation that he "invest it to financially benefit his family." Alan and his wife Alice decided they would invest the inheritance to help them accomplish two financial goals: purchasing a Park City vacation home and saving for their son Cooper's education. Alan and Alice have a marginal income tax rate of 32 percent (capital gains rate of 15 percent) and have decided to investigate the following investment opportunities. Complete the two Annual After-Tax Rate of Return columns for each investment. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places
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