Consider a bond fund that is taxed at income tax rate of 35% with an expected return of 10%. Compare that with a non-dividend paying
Consider a bond fund that is taxed at income tax rate of 35% with an expected return of 10%. Compare that with a non-dividend paying stock with an expected return of 8%. The capital gains tax rate of 20%. How much is the terminal wealth after 10 years of investment in each case?
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Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
