Nominal Return x (1 - tax rate)=0.06(1-0.05)=0.057
Nominal Return x (1 - tax rate)=0.06(1-0.2)=0.048
Nominal Return x (1 - tax rate)=0.06(1-0.3)=0.042
In the third option, the lowest rate after tax. The higher the tax rate, the lower the nominal rate
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