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When I buy a 9-year 12% annual coupon municipal bond for 1000$ (face value of the bond is also 1,000$), what is the equivalent taxable
When I buy a 9-year 12% annual coupon municipal bond for 1000$ (face value of the bond is also 1,000$), what is the equivalent taxable yield if my marginal tax bracket is 25%? (keep two decimal places such as 0.08)? Your Answer: Answer Alex Fargis: Attempt 1 Contributions are likely to be fully or partially tax deductible. Question 3 (0.5 points) I accepted my first job with a $54000 salary, and is already looking forward to retirement in 40 years. I need 85 percent of my current net income (in today's dollars) each year to live after retirement. What is my annual after tax need in today's dollars (keep zero decimal place)? Your Answer: Answer Question 4 (0.5 points) accepted my first job with a $89000 salary, and is already looking forward to retirement in 40 years, I need 90 percent of my current net income (in today's dollars) each year to live after retirement. My expected tax rate after retirement is 20 percent. What is my annual before tax need in today's dollars (keep zero decimal place)? Your
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