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Curtis Invests $400,000 in a city of Athens bond that pays 6 percent interest. Alternatively. Curtis could have invested the $400,000 in a bond recently

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Curtis Invests $400,000 in a city of Athens bond that pays 6 percent interest. Alternatively. Curtis could have invested the $400,000 in a bond recently issued by Initech, Inc. that pays 6.75 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent What is Curtis's after-tax rate of return on the city of Athens bond? Multiple Choice 432 percent 584 percent None of the choices are correct 800 percent O 600 percent Talking

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