Question: 2. Table is given below shows that marginal tax rates for Alejandro Corporation. Taxable Income of the Company is equal to $44.000. How much will

2. Table is given below shows that marginal tax rates for

2. Table is given below shows that marginal tax rates for Alejandro Corporation. Taxable Income of the Company is equal to $44.000. How much will the Company pay tax totally? Average tax rate? (15p) NOTE: PLEASE SHOW HOW YOU COMPUTE EACH OF THE ITEMS. Taxable Income (S) Tax Rate 0 - 16.000 10% 16.000 - 39.000 12% 39.000 - 55.000 16% 19% 55.000 - 70.000 70.000 - 86.000 23% 3. Suppose that an investment promises to pay a real 9% annual rate of interest and inflation rate is 3%. What is the effective annual interest rate on this investment assuming that interest is compounded quarterly? (10p)

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