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INOWS WINu tis eomeet Incorrect for the work you have completed so fer. It does not In an inherted S100,000 with the stipulation that he

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INOWS WINu tis eomeet Incorrect for the work you have completed so fer. It does not In an inherted S100,000 with the stipulation that he "invest t to financially benefit his family" Alan and his wife Allce decided ould invest n Cooper's education the iInhertance to help them accomplish two financial goals: purchasing a Park City vac ation home and saving for their Vacat 5e,eee s tducation on Home Initial investnent Investment horizon s se,eee 5 years 18 years ian and Alice have a marginai income tax rate of 32 percent (capital gains rate of 15 percent) and have decided to investigate the ollowing investment opportunities Complete the two annuai after-tax rates of return columns for each investment and provide investment recommendations for Alan and ce (Do not round intermedilate ceiculations. Round your finel enswers to 2 decimal place.) Answer is complete but not entirely correct. Annual After- Tax Rate of Return Annual After Tax Rate of Return 5 Years 18 Years 4.03 3 298 3.33 e 298 Corporate bonds iondinary interest taxed annualy 5.75 1% 3.506 4.75 3.50 Future value 3140.000 320 | 20 T9 2-10

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