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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