Fung is planning for the correct after tax and after inflation real rate of return to use.

If inflation will be 1.3%, the average rate of return on his investments will be 4.9%, and the tax rate on the investment income will be 18%, what annual, after-tax, real rate of return should he use for his calculations? Input the number to two decimal places (and no percent sign).

Answer rating: 100% (QA)

To calculate the aftertax and afterinflation real rate of return Fung can use the formula textReal ... View the full answer