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Suppose you are in the 30% federal tax bracket and pay an additional 6% in Indiana state taxes. Assume you are an Indiana resident. Which

Suppose you are in the 30% federal tax bracket and pay an additional 6% in Indiana state taxes. Assume you are an Indiana resident. Which of the following bonds would offer you the best after tax return? FORMAT TO 4 DECIMAL PLACES

An Indiana Muni paying 5.25% for 15 years

A Home Depot bond paying 7.35% for 15 years

A Michigan Muni paying 5.15% for 15 years

A U.S. Treasury paying 6.45% for 15 years

Cannot calculate without further information

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