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What is the after-tax return if the interest rate is 3% on a GIC and you have a MTR of 22.05%? a) 0.66% b) 2.21%

What is the after-tax return if the interest rate is 3% on a GIC and you have a MTR of 22.05%?

a) 0.66%

b) 2.21%

c) 2.34%

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