Question
A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield?
A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Aftertax yield %
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Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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