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A corporate bond pays 12.0 percent annual coupon interest. You paid $1200 to buy that bond. a) What is your before tax current yield? b)
A corporate bond pays 12.0 percent annual coupon interest. You paid $1200 to buy that bond.
a) What is your before tax current yield?
b) If you are in 24% tax bracket, what is your after-tax current yield?
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
