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The Shrieves Corporation has $ 2 5 , 0 0 0 that it plans to invest in marketable securities . It is choosing among AT&T
The Shrieves Corporation has $ that it plans to invest in marketable securities It is choosing among AT&T bonds which yield AT&T preferred stock with a dividend yield of and state of Florida muni bonds which yield but are not taxable The federal tax rate is ignore any possible state corporate taxes Recall that of dividends received are tax exempt. Find the aftertax rates of return on all three securities after paying federal corporate taxes. Round your answers to three decimal places.
Aftertax rate of return on AT&T bond:
Aftertax rate of return on AT&T preferred stock:
Aftertax rate of return on Florida muni bonds:
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