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Meadow Lane Partnership had profits of $210,000 in 2020. Morgan Bellis invested $100,000 as a limited partner, which represents a 30% partnership interest. Morgan is

Meadow Lane Partnership had profits of $210,000 in 2020. Morgan Bellis invested $100,000 as a limited partner, which represents a 30% partnership interest. Morgan is in a 45% tax bracket. What is Morgan's after-tax return on the investment in the partnership? (Rounded)

Multiple Choice

17%

35%

48%

63%

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