Question
Mandy purchased a 5-year bond a little over a year ago and recently sold it at $1100. He got $100 of interest income from the
Mandy purchased a 5-year bond a little over a year ago and recently sold it at $1100. He got $100 of interest income from the bond. Assuming a 30% ordinary tax bracket and 10% tax rate on capital gains, calculate the after-tax holding period return of the bond.
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Engineering Economic Analysis
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