Question: 3. You purchased a bond for $5,000 and kept it for 5 years when it matures. The bond pays $300 in dividend per year. The

 3. You purchased a bond for $5,000 and kept it for

3. You purchased a bond for $5,000 and kept it for 5 years when it matures. The bond pays $300 in dividend per year. The average inflation during this period is 3% per year. Prepare a table to show the inflation adjusted cash flow. Include the income tax in this table. Assume that you are already in the 22% income tax bracket. 10

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