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Mrs . Yue, a resident of Virginia, paid 5 0 , 0 0 0 for a bond issued by Pennsylvania that paid 3 , 4
Mrs Yue, a resident of Virginia, paid for a bond issued by Pennsylvania that paid interest this year. Her marginal state income tax rate is percent. Under Virginia law, interest on debt obligations issued by another state is taxable. Mrs Yue can deduct her state income tax on her From and her marginal federal income tax rate is percent. Crateompute her aftert; herax rate of return on the bond.
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