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Jesse is a single individual with no children. In 2020, he plans on investing $20,000 for one year, and is deciding between two investments. The

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Jesse is a single individual with no children. In 2020, he plans on investing $20,000 for one year, and is deciding between two investments. The first is a corporate bond that pays 7% interest. The second is a municipal bond that pays 5.5% interest. If Jesse's marginal tax rate is 28%: a. And he buys the corporate bond, the amount of explicit tax he pays on interest from the corporate bond is b. And he buys the municipal bond, the amount of explicit tax he pays on interest from the municipal bond is c. And he buys the municipal bond, the rate of implicit tax he pays on interest from the municipal bond is (round to one decimal place)

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