PG. 3 13. What would the after-tas he after-tax yield be on an investment that offers a 6 percent fully taxable yield Assume a marginal tax rate of 31%. 2.79% 6.48% 4.14% 7.20% 12.50% 14. Someone in the 15 percent tax bracket can earn 8 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $10,000 investment after 5 years (assuming annual compounding? $ 6,805 $14,693 $15,528 $20,114 b. usu $50,000 15. Suppose the 8 percent investment of the previous problem is taxable rather than tar- deferred. What will be the daferred What will be the after-tax value of his $10,000 investment after 5 years (assuming annual compounding)? $10,680 $11,765 $13,895 $14,693 $15,528 the 1970s to the 1990s found that over 90 percent of a fund's retums over 16. Research from the 1970s to the time is explained by: Market timing Stock selection Manager selection Asset allocation All of the above