Question: Curtis invest $225,000 in a coty of athens bond that pays 4.25 percent interest. alternatively Curtis could have invested the $225,000 in a bond recently

Curtis invest $225,000 in a coty of athens bond that pays 4.25 percent interest. alternatively Curtis could have invested the $225,000 in a bond recently issued by initech, incorporated that pays 5.5 percent interest with similar risk as the city of athens bond. assume that Curtis's marginal tax rate is 24% . what is Curtis's after-tax rate of return on the city of athens bond?

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