Question
Question 14 (A two-part question) 14.1 Suppose a 10-year US Treasury Note yields 4.65%, and a 10-year Lubbock County Note yields 3.75%. If an investor
Question 14 (A two-part question)
14.1 Suppose a 10-year US Treasury Note yields 4.65%, and a 10-year Lubbock County Note yields 3.75%. If an investor has a marginal tax rate of 24%, calculate the after-tax yield for the taxable bond. (Enter percentages as decimals and round to four decimals)
14.2 Suppose a 10-year US Treasury Note yields 4.65%, and a 10-year Lubbock County Note yields 3.75%. If an investor has a marginal tax rate of 24%, calculate the tax-equivalent yield for the tax-exempt bond. (Enter percentages as decimals and round to four decimals)
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The Value Investor's Handbook
Authors: Andrew P.C.
1st Edition
1098810449, 978-1098810443
