Suppose you invest in a taxable corporate bond that is yielding 13% annual interest rate. If your marginal tax is 239 wh
Posted: Tue Nov 23, 2021 8:48 am
Suppose you invest in a taxable corporate bond that is yielding 13% annual interest rate. If your marginal tax is 239 what is the after-tax er equivalent tax-exempt yield on the taxable bond (Round your answer to 2 decimal places