Question: I need help solving (a) and (B) in the below question: Krystyna, a single individual, invested $20,000 in corporate bonds with a stated interest rate
I need help solving (a) and (B) in the below question:
Krystyna, a single individual, invested $20,000 in corporate bonds with a stated interest rate of 5 percent and another $20,000 in tax-exempt municipal bonds issued for governmental activities with a stated interest rate of 4.75 percent. Calculate her after-tax cash flow from each investment if:
a)her marginal tax rate is 12 percent. $
b)her marginal tax rate is 32 percent. $
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