equivalent taxable yield=municipal bond yield/(1-tax rate)
equivalent taxable yield | |
a.Zero | 3.4/(1-0)=3.4% |
b.10% | 3.4/(1-0.1)=3.78%(Approx) |
c.20% | 3.4/(1-0.2)=4.25% |
d.30% | 3.4/(1-0.3)=4.86%(Approx) |
45 Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%,...
Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 4.10%. (Round your answers to 2 decimal places.) Tax Brackets a. Zero % b. 10% % c. 20% % d. 30% %
Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it o s a yeld of 3.109 Round your answers to 2 decimal places. a. Zero b, 10% c.20% d, 30%
Problem 2-14 Find the equivalent taxable yield of a short-term municipal bond currently offering yields of 6% for tax brackets of zero, 10%, 20%, and 30%. (Round your answers to 2 decimal places.) Equivalent Taxable Yield a. b. c. d. Zero 10% 20% 30% ances
Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 7.50 percent for an investor in the 15 percent marginal tax bracket? (Round your answer to 2 decimal places.)
Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.00 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)
QUESTION 6 Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.00 percent for an investor in the 35 percent marginal tax bracket? (Round your answer to 2 decimal places.) 17.14% 6.00% 9.23% 2.10%
Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 5.00 percent for an investor in the 15 percent marginal tex bracket? (Round your answer to 2 decimal places.) 33.33 % 75% 0 5.88% 0 5.00%
What's the taxable equivalent yield on a municipal bond with a yield to maturity of 5.25 percent for an investor in the 25 percent marginal tax bracket? (Round your answer to 2 decimal places.) Multiple Choice 1.31% 21.00 % 5.25% 7.00%
A client in the 35 percent marginal tax bracket is comparing a municipal bond that offers a 5.20 percent yield to maturity and a similar- risk corporate bond that offers a 6.80 percent yield. Determine the equivalent taxable yield. (Round your answer to 2 decimal places.) Equivalent taxable yield % Which bond will give the client more profit after taxes? O corporate bond O municipal bond
A client in the 34 percent marginal tax bracket is comparing a municipal bond that offers a 6.40 percent yield to maturity and a similar-risk corporate bond that offers a 7.40 percent yield. Determine the equivalent taxable yield. (Round your answer to 2 decimal places.) Equivalent taxable yield _______ %