Question: Question 42 2 pts Use the following information for Problems 42 and 43: You purchase a US Treasury STRIPS today for $229. The STRIPS has
Question 42 2 pts Use the following information for Problems 42 and 43: You purchase a US Treasury STRIPS today for $229. The STRIPS has exactly 20 years remaining maturity. Two years from now, you sell this STRIPS in the market for $275.37. You are in the 30% federal marginal income tax bracket, and pay 15% federal capital gains tax, when appropriate For your first year of ownership of this STRIPS, what is your net cash flow? +$8.21 $0 -$11.64 $5.25 -$17.52
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