Question
27. Rates of return of municipal and corporate bond are 8% and 10%, respectively. If an investor is in the 20% marginal tax bracket, his
27. Rates of return of municipal and corporate bond are 8% and 10%, respectively. If an investor is in the 20% marginal tax bracket, his or her after-tax rates of return on the municipal and corporate bonds would be ________ and ______, respectively.
| a | 7.8%, 9% |
| b | 5.08%, 7% |
| c | 8%, 8% |
| d | 8.5%, 7.60% |
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Cases In Healthcare Finance
Authors: Louis C. Gapenski
3rd Edition
1567932444, 9781567932447
