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Business, 15.12.2021 18:50 milkshakegrande101

You are comparing two investments. A corporate bond earns 8 percent interest and is subject to federal tax at your rate of 25 percent. A government bond earns 5.5 percent interest and is tax-exempt. After considering taxes, you decide the corporate bond is still the better investment. What is the corporate bond’s rate of interest earnings after taxes?

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