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Dana intends to invest $34,000 in either a Treasury bond or a corporate bond. The Treasury bond yields 5 percent before tax and the corporate
Dana intends to invest $34,000 in either a Treasury bond or a corporate bond. The Treasury bond yields 5 percent before tax and the corporate bond yields 6 percent before tax.
b-2. How much interest after-tax would Dana earn by investing in the corporate bond as per requirement b-1? (Do not round intermediate calculations and round your final answer to the nearest whole dollar amount.)
Thank you!
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