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Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 in a bond recently

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Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 in a bond recently issued by Surething, Inc, that pays 8 percent interest with similar risk and other nontax characteristics to the City of Melinda's marginal tax rate is 20 percent. What is her after-tax rate of return for the City of Heflin bond? QUESTION 9 Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax characteristics to the City Melinda's marginal tax rate is 20 percent. How much implicit tax does she pay on the City of Heflin bond? Assum QUESTION 10 Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have invested the $100,000 recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax character ristics to the City of Heflin bond. Assume percent. How much explicit tax would she have paid on the Surething, Inc. bond? Melinda invests $100,000 in a City of Heflin bond that pays 6.4 percent interest. Alternatively, Melinda could have recently issued by Surething, Inc. that pays 8 percent interest with similar risk and other nontax characteristics to the City of Hellin bond. Assume Melinda's marginal tax rate is 20 percent. What is her after-tax rate of return on the Surething, Inc. bond

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