Question: Three years ago, Manfred Schmider's and aus einer's Flow Tax issued 15-year bonds. These bonds ofern mal 6.75 percent coupon when payments, and currently are

 Three years ago, Manfred Schmider's and aus einer's Flow Tax issued

Three years ago, Manfred Schmider's and aus einer's Flow Tax issued 15-year bonds. These bonds ofern mal 6.75 percent coupon when payments, and currently are in 7.8 percent of face value resulting on a yield to maturity of 7.024 percent. What is the tax cost of the tax rates 20 percent? 5.619 percent 2.318 percent 7.024 percent 4.636 percent C 3.512 percent

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