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Hi I need help ASAP please. Thanks! An investment of $110,000 in safe 10-year corporate bonds yields an average of 6% per year, payable each
Hi I need help ASAP please. Thanks! An investment of $110,000 in safe 10-year corporate bonds yields an average of 6% per year, payable each year. The effective income tax rate is 35%, and inflation will average 2% per year. How much will this investment of $110,000 be worth in 10 years in today's purchasing power after income taxes and inflation are taken into account? The FW is $ (Round to the nearest dollar.)
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