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Katherine, a resident of North Carolina, had the following bond portfolio in 2 0 2 3 . Katherine is in the 2 0 % Federal
Katherine, a resident of North Carolina, had the following bond portfolio in Katherine is in the Federal Income Tax Bracket and the State Income Tax Bracket. Federal Capital Gains tax at and State Capital Gains at SHOW INTEREST RATES TO DIGITS XXX
APPL Bond, face value $ coupon semiannual, maturity
NC State Bond, Face Value $ coupon annual, maturity
US Government Treasury Bond $ coupon semiannual, maturity
a How much tax does Katherine pay on this portfolio in Points
b What is the aftertax interest rate for each bond? Points And
c What is the aftertax interest rate for the total portfolio? Points
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