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1. What is the taxable equivalent yield on a 4%, tax-exempt municipal bond for a person in the 25% tax bracket? 2. You are taking

1. What is the taxable equivalent yield on a 4%, tax-exempt municipal bond for a person in the 25% tax bracket?

2. You are taking out a new loan of $180,000 that includes an origination fee of 2.0%. How much money does the origination fee cost you?

3. You had $4341 withheld for federal income taxes and a tax liability of $2092? How much should you be refunded?

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