A taxpayer in the 32 percent tax bracket invests in a City of San Diego bond paying 8 percent interest. What taxable interest rate would provide the same after-tax return?

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The Answer of A taxpayer in the 32 percent tax bracket invests in a City of San Diego bond paying 8 percent interest. What taxable interest rate would provide the same after-tax return?

A Taxpayer in the 32 Percent Tax Bracket Invests in a City