Question: Why is the geometric (holding period) average return more appropriate to use when looking at your retirement fund than the arithmetic average return? If Dell
Why is the geometric (holding period) average return more appropriate to use when looking at your retirement fund than the arithmetic average return? If Dell Computer expects to issue a taxable bond that has a yield of 6.5% and the city of Austin is issuing a municipal bond that has a yield of 5%. What tax bracket must you be in to be indifferent between owning these two bonds
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