Question
QUESTION 3. 3-3 Assuming a 1 year, money market account investment at 1.91 percent (apy), a 0.87% inflation rate, a 28 percent marginal tax bracket,
QUESTION 3. 3-3
Assuming a 1 year, money market account investment at 1.91 percent (apy), a 0.87% inflation rate, a 28 percent marginal tax bracket, and a constant $70,000 balance, calculate the after tax rate of return*, the real return* and the total monetary return. What are the implications of this result for cash management decisions?
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Handbook Of Asian Finance REITs Trading And Fund Performance
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009861, 978-0128009864
