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Check my work mode : This shows what is correct or incorrect for the work you have completed so-ait does not Ren Alan Inherted $100,000 with the stipulaton that he "invest it to financially benefit htis family" Alan and hes wide Alce decided they would Invest the Inhertance to help them accomplish two financial goals purchasing a Park City vacation home and saving for thes son Coopers education. Initial investmentsse,eee Investsent horizon s se,8e0 5 years 18 years Alan and Alce have a marginal income tax rate of 32 percent (capital gains rate of 15 percentp and have decided to investigate the following investment opportunities Complete the two annual after-tax rates of return columns for each Investment and provide Investment rec Alice. (Do not round Intermedlete celculetions. Round your finel answers to 2 6 recommendetions for Alan and finel answers to 2 decimal plece) Answer is complete but not entirely correct. Annual After 18 Years 475 |% | 2000 Corporate bonds (ordinary interest taced annualy) Dividend-pay ng stock (no appreciaten and drv dens re taled at 15% Growth stock Municipal bond (tax-xee Future .30 $140.000 hed Prey 8 of 1 1

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