Thomas Jones is in the 25% marginal federal tax bracket, the 4% marginal state tax bracket, and

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Thomas Jones is in the 25% marginal federal tax bracket, the 4% marginal state tax bracket, and the 2% marginal city tax bracket. If he earns 9.25% on his portfolio, what is his after tax rate of return?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Sep 03, 2023 05:37 AM

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Thomas Jones is in the 25% marginal federal tax bracket, the 4% marginal state tax bracket, and

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To calculate Thomas Jones aftertax rate of return we need to consider the effect of his federal stat... View the full answer

Personal Finance

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