Asked by elh009

Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years

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Answered by Anonymous
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Answered by Anonymous
John Friedman is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate.

(a). What is his after-tax yield (interest rate) on the bonds?
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