Determine the bonds after tax yield
Question:
An investor recently purchased a corporate bond which yields 9%. The investor is in the 36% combined federal and state tax bracket. What is the bond's after tax yield?
Now Priced at $20 (50% Discount)
Recommended (96%)
Rated (4.8/5)
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The investor is in the 36% combined federal and state tax bracket. What is the bond's after tax yield?
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