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QUESTIONS A bond issued by the State of Pennsylvania provides a 7% yield. What yield on a Synthetic Chemical Company bond would cause the two

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QUESTIONS A bond issued by the State of Pennsylvania provides a 7% yield. What yield on a Synthetic Chemical Company bond would cause the two bonds to provide the same ter tax rate of return to an investor in the 35% tax bracket? O a. 11.42% O b. 10.77 G 8.18% d. 8.29% e. 11.099 QUESTION 9 Two metrics that are used to measure a company's financial performance are net income and cash flow. Accountants emphasize net income as calculated in accordance with generally accepted accounting principles, Finance people generally put at least as much weight on cash flows as they do on net income True False

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