Page 1 of 1
Your older brother is concerned more about investment safety than about investment performance. For example, he has inve
Posted: Fri Jul 01, 2022 8:13 am
by answerhappygod
- Your Older Brother Is Concerned More About Investment Safety Than About Investment Performance For Example He Has Inve 1 (28.29 KiB) Viewed 42 times
Your older brother is concerned more about investment safety than about investment performance. For example, he has invested $110,000 in safe 10-year corporate AAA bonds yielding an average of 12% per year, payable each year. His effective income tax rate is 33%, and inflation will average 3% per year. How much will his $110,000 be worth in 10 years in today's purchasing power after income taxes and inflation are taken into account? The FW is $ (Round to the nearest dollar.) ...