Question
If you know that the tax-exempt yield is 5%, the corporate bond taxable rate is 7% and the tax rate is 40%. Calculate the equivalent
If you know that the tax-exempt yield is 5%, the corporate bond taxable rate is 7% and the tax rate is 40%. Calculate the equivalent taxable yield(rate)
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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