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An investor in a 24% marginal tax rate ask you for a recommendation in terms of after tax yield of 2 investment alternatives A. A

An investor in a 24% marginal tax rate ask you for a recommendation in terms of after tax yield of 2 investment alternatives A. A 97 days Commercial Paper with $100,000 par value at a price of 96% of par. B. A 17% coupon rate corporate bond What is the difference in after tax yield between the bond and the commercial paper.

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