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Use the Table for the Question(s)below

Question 42

Multiple Choice

Use the table for the question(s) below.
Suppose you have the following Loans/Investments Use the table for the question(s) below. Suppose you have the following Loans/Investments -If your income tax rate is 30%,then the after-tax EAR for your home equity loan is closest to: A) 6.0%. B) 5.9%. C) 8.6%. D) 5.8%.
-If your income tax rate is 30%,then the after-tax EAR for your home equity loan is closest to:


A) 6.0%.
B) 5.9%.
C) 8.6%.
D) 5.8%.

Correct Answer:

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