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Taxpayer Y, who has a 30 percent marginal tax rate, invested $54,000 in a bond that pays 6.5 percent annual interest a. Compute Y's annual
Taxpayer Y, who has a 30 percent marginal tax rate, invested $54,000 in a bond that pays 6.5 percent annual interest a. Compute Y's annual net cash flow from this investment assuming that the interest is tax-exempt income. b. Compute Y's annual net cash flow from this investment assuming that the interest is taxable income. Complete this question by entering your answers in the tabs below. Required A Required B Compute Y's annual net cash flow from this investment assuming that the interest is tax-exempt income. After-tax net cash flow Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Compute Y's annual net cash flow from this investment assuming that the interest is taxable income. After-tax net cash flow Required B Required A
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