Vandell is a taxpayer in the 28 percent tax bracket. He invests in Otay Mesa Water District

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Vandell is a taxpayer in the 28 percent tax bracket. He invests in Otay Mesa Water District Bonds that pay 4.5 percent interest. What taxable interest rate will provide the same after-tax return to Vandell?

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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Question Posted: Jul 19, 2017 10:59 AM

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Vandell is a taxpayer in the 28 percent tax bracket. He invests in Otay Mesa Water District

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