Determining the equivalent taxable yield


Suppose your tax bracket is 30%. Would you prefer to earn a 6% taxable return or a 4% tax-free return? What is the equivalent taxable yield of the 4% tax-free yield?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the equivalent taxable yield
Reference No:- TGS0672576

Now Priced at $5 (50% Discount)

Recommended (94%)

Rated (4.6/5)