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Curtis invests $700,000 in a city of Athens bond that pays 6 percent interest. Aternatvoly Curts could heve invested the $700,000 in a bond recenty

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Curtis invests $700,000 in a city of Athens bond that pays 6 percent interest. Aternatvoly Curts could heve invested the $700,000 in a bond recenty issued by initech, incorporated that pays 8 percent interest with simlar fisk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. How much implicit tax would Curtis pty on the city of Athens bond? Muilipie Choice 14200000 $234000 5.) 3000 514,00000

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