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After-tax current yield be to covers cost of living

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Your retired client has accumulated investment and retirement assets totaling $3,797,000 and is happy with an after-tax lifestyle of $206,000 a year. Leaving aside issues of inflation, what should his after-tax current yield be to covers his cost of living?

Please write the percent sign in the Units box.

Round the answer to two decimal places.

Reference no: EM132783386

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