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Explain multidomestic strategy.
State Tax
Taxes imposed by individual states on income, property, goods, and services within their jurisdiction.
Federal Tax
The tax levied by the national government on income, sales, gifts, and other transactions.
After Tax Yield
The income return on an investment after taxes have been deducted, revealing the net gain to the investor.
Corporate Bond
A debt security issued by a corporation and sold to investors, with the promise of interest payments and the return of principal at maturity.
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