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Frank who is in the 3 3 % Marginal incone tax bracket owns a deferred annuity that is presently earnibg 5 % intetest. What yield

Frank who is in the

33 %

Marginal incone tax bracket owns a deferred annuity that is presently earnibg

5 %

intetest. What yield on the taxable investment will generate the same amount of money as Frank tax deferred annuity

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