(Choose 1 answer)
(17939) Suppose one year ago the price index was 120 and Mark purchased $20,000 worth of bonds.One year later the price index is 126. Mark redeems his bonds for $22,250 and is in a 40 percent tax bracket.What is Mark's real after-tax rate of interest to the nearest tenth of a percent?
A. 4.3 percent
B. 3.1 percent
C. 1.8 percent
D. 1.2 percent
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Osh
Q: 45
