please help as soon as possible.

taxation business thru entities.

Hugh has the choice between investing in a City of Heflin bond at 5.55 percent or investing in a Surething bond at 8.85 percent. Assuming that both bonds have the same nontax characteristics and that Hugh has a 40 percent marginal tax rate, what interest rate does Surething Inc., need to offer to make Hugh indifferent between investing in the two bonds? (Round your answer to 2 decimal places.) Interest rate 2 The estate of Monique Chablis earned $690 of income this year. Is the estate required to file an income tax return? O No, the estate is exempted from filing an income tax return. O No, because the estate's gross income is less than $600 the estate is not required to file an income tax return. Yes, because the estate's gross income is more than $600 the estate is required to file an income tax return. Yes, the estate has to file an income tax return irrespective of its income