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Business, 16.04.2021 03:00 jeremiah1212

Mr. Hayes plans to pay $100,000 for one of three investment alternatives that have the same risk. The income from investment 1 would be taxed at Mr. Hayes' 25% regular tax rate, the income from investment 2 would be taxed at a 15% preferential rate, and the income from investment 3 is tax-exempt. The investments offer the following before-tax yields. Investment 1: 8.25% Investment 2: 7.00% Investment 3: 6.25% Which investment should Mr. Hayes select

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Mr. Hayes plans to pay $100,000 for one of three investment alternatives that have the same risk. Th...
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