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Question Completion Status Question of 10 Click Submit to complete this assessment Question 10 Suppose you're evaluating three alternative MMM investments. The first fund buys

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Question Completion Status Question of 10 Click Submit to complete this assessment Question 10 Suppose you're evaluating three alternative MMM investments. The first fund buys a diversified portfolio of municipal securities from across the country and yields 4.1 percent. The second fund buys only table short-term commercial paper and yields 6.4 percent. The third fund specializes in the municipal debt from the state of New Jersey and yields 43 percent. If you are a New Jersey resident your federal tax bracket is 30 percent, and your state tax bracket is 7 percent Calculate the sum of after tax percentage yield of the three alternatives. Round your answer to 2 decimal places. Omit the sign in your response) Question 1 of 1 Click Submit to complete this assessment ENG 04 ADA 3

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