Mathematics, 02.08.2019 07:30 brookebeatrice8
Sharon lives in virginia and expects the taxes on her bond income to be 5.75% for the state of virginia and 28% for the federal government. she can invest in fixed-yield corporate bonds with a 6.50% yield or fixed-yield municipal bonds with a 5.25% yield. sharon calculates that she will earn approximately 0.876% more after taxes by investing in corporate bonds. what did sharon miscalculate?
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Sharon lives in virginia and expects the taxes on her bond income to be 5.75% for the state of virgi...
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