Compute the after-tax real percent interest rate


Liz Taylor bought some farming lands for $100,000 five years ago. She sold the property this year for $500,000. If the annual inflation rate for the past 5 years has been at 6%, compute the after-tax real percent interest rate (to two decimal places) for this investment. Assume the textbook's statement on the highest net capital gains tax rate.

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Microeconomics: Compute the after-tax real percent interest rate
Reference No:- TGS038363

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