Personal After-Tax Yield

An investor recently purchased a corporate bond which yields 10.5%. The investor is in the 34% combined federal and state tax bracket. What is the bond's after-tax yield? Round your answer to two decimal places.

Corporate bonds issued by Johnson Corporation currently yield 11.5%. Municipal bonds of equal risk currently yield 6%. At what tax rate would an investor be indifferent between these two bonds? Round your answer to two decimal places.

Talbot Enterprises recently reported an EBITDA of $7.5 million and net income of $2.625 million. It had $2.85 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.

Kendall Corners Inc. recently reported net income of $4.1 million and depreciation of $697,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.