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Anne's marginal income tax rate is 32 percent. She purchases a corporate bond for $13,000 and the maturity, or face value of the bond is
Anne's marginal income tax rate is 32 percent. She purchases a corporate bond for $13,000 and the maturity, or face value of the bond is $13,000. If the bond pays 6.2 percent per year before taxes, what is Anne's annual after-tax rate of return from the bond if the bond matures in one year? What is her annual after-tax rate of return if the bond matures in 10 years? (Round your answers to 1 decimal place.) After-Tax Rate Bond matures in one year Bond matures in 10 years
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