An investor recently purchased a corporate bond which yields 9 percent. The investor is in the 36
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An investor recently purchased a corporate bond which yields 9 percent. The investor is in the 36 percent tax bracket. What is the bond’s after-tax yield?
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Corporate Finance A Focused Approach
ISBN: 9780324180350
1st Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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