Laura has an average tax rate of 15% and a marginal tax rate of 24%. What is

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Laura has an average tax rate of 15% and a marginal tax rate of 24%. What is her aftertax yield on a corporate bond which has a 4.5% yield?

Multiple Choice

3.42%
2.34%
4.23%
4.32%
3.24%

Posted Date: Jun 15, 2024 01:34 PM

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