Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

If you are in the 20 percent tax bracket, what is your aftertax yield on a par value municipal bond yielding 5 percent

Sagot :

creator69
5% ( interest income from a muni is exempt from federal income tax so the after-tax yield equals the before tax yield)
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.