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Mom and pop had a portfolio of long-term bonds that they

Question: Mom and Pop had a portfolio of long-term bonds that they purchased many years ago. The bonds pay 12% interest annually, and the face value is $100,000. If Mom and Pop are in the 25% tax bracket, what is their annual after-tax HPR on this investment? (Assume it trades at par.)

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Accounting Basics: Mom and pop had a portfolio of long-term bonds that they

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Accounting Basics: Mom and pop had a portfolio of long-term bonds that they

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