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Damien owns a taxable bond issued by ABC Corporation that earns an annual interest rate of 8%. Damien's 2020 marginal federal income tax rate is

Damien owns a taxable bond issued by ABC Corporation that earns an annual interest rate of 8%. Damien's 2020 marginal federal income tax rate is 24%. Damien's after-tax rate of return in 2020 from owning the bond is %

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