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Homework: Chapter 5 Homework Sav core: 0 of 2 pts 5 of 5 (2 complete) HW Score: 25%, 2 of 8 Problem P5-8 (similar to)
Homework: Chapter 5 Homework Sav core: 0 of 2 pts 5 of 5 (2 complete) HW Score: 25%, 2 of 8 Problem P5-8 (similar to) Question Help Assuming a 1-year, money market account investment at 4.86 percent (APY), a 4.3% inflation rate, a 10 percent marginal tax bracket, and a constant S40,000 balance, calculate the after-tax rate of return, the real return, and the total monetary return. What are the implications of this result for cash management decisions? Assuming a 1-year, money market account investment at 4.86 percent (APY), a 10 percent marginal tax bracket, and a constant $40,000 balance the after-tax rate of return is % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer parts remaining Clear All earch o a hp
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