Consider an investor with a 40 percent marginal tax rate
Consider an investor with a 40 percent marginal tax rate. Suppose she holds an investment with a 10 percent real return. If inflation is 2.5 percent what is her after-tax real rate? What is the distortion effect of inflation?
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consider an investor with a 40 percent marginal tax rate suppose she holds an investment with a 10 percent real return
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