Question
Personal After-Tax Yield An investor recently purchased a corporate bond which yields 12%. The investor is in the 36% combined federal and state tax bracket.
Personal After-Tax Yield
An investor recently purchased a corporate bond which yields 12%. The investor is in the 36% combined federal and state tax bracket. What is the bond's after-tax yield? Round your answer to two decimal places.
%
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
5th Edition
0910944008, 978-0910944007
