Question: $ 3 3 0 , 0 0 0 in a bond recently issued by Surething Incorporated that pay characteristics similar to the City of Heflin
$ in a bond recently issued by Surething Incorporated that pay characteristics similar to the City of Heflin bond. Assume Melinda's mar
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a What is her aftertax rate of return for the City of Heflin bond?
b How much explicit tax does Melinda pay on the City of Heflin bond?
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