An investor recently purchased a corporate bond which yields 5%. The investor is in the 30% tax
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An investor recently purchased a corporate bond which yields 5%. The investor is in the 30% tax bracket. What is the bond's after-tax yield?
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Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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