Dana intends to invest $32,000 in either a Treasury bond or a corporate bond. The...

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Accounting

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Dana intends to invest $32,000 in either a Treasury bond or a corporate bond. The Treasury bond yields 5 percent before tax and the corporate bond yields 6 percent before tax. Assuming Dana's federal marginal rate is 24 percent and her marginal state rate is 5 percent, how much interest after-tax would Dana earn by investing in the corporate bond? (Do not round intermediate calculations and round your final answer to the nearest whole dollar amount.) Interest after-tax

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