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Title: Will invests $20,000 of after-tax dollars (AT$) in tax-exempt municipal bonds which yield 5% per ... Post by: Sheena Maskell on Jan 11, 2017 Will invests $20,000 of after-tax dollars (AT$) in tax-exempt municipal bonds which yield 5% per year. He reinvests the interest in the same bonds and holds the bonds for two years. Will's marginal tax rate is 25%. What is his after-tax accumulation at the end of two years?
A) $21,000 B) $21,528 C) $22,000 D) $22,050 Title: Re: Will invests $20,000 of after-tax dollars (AT$) in tax-exempt municipal bonds which yield 5% per ... Post by: Yoko900 on Jan 11, 2017 Content hidden
Title: Re: Will invests $20,000 of after-tax dollars (AT$) in tax-exempt municipal bonds which yield 5% per ... Post by: Sheena Maskell on Mar 20, 2017 Perfect :raised_hands:
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