What would be the after-tax amount

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1. Michelle Williams is in the 30% personal tax bracket. She is considering investing in HCA (taxable) bonds that carry a 9% interest rate. What is her after tax yield (interest rate) on the bonds?

2.Assume that Jane Adams pays income taxes at a 35 percent rate. What would be the after-tax amount on $100 of interest income that she receives?

 

Reference no: EM13268452

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