Bernie and Pam are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated $40,000 to invest. They now rent an apartment but are considering purchasing a condo. for $100,000. If they do a down payment of $10,000 will be required. They have discussed their situation with Lew McCarthy, an investment advisor, and he has recommended the following investments: * The condo-expected annual increase in market value=5% * Municipal bonds- expected annual yield=5% *High-yield corporate stocks-expected dividend yield=8% * Savings account in a commercial bank-expected yield=3% * High-growth common stocks-expected annual increase in market value=10%; expected dividend yield=0. (1) Calculate the after tax yields on the foregoing investments, assuming they hae 28% marginal tax rate. (2) How would you recommend they invest their $40,000? Explain
Show all work for each assignment and explain each step
2007-02-20 23:40:24 · 6 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
LOL
Do your own homework honey. It's how you learn!
2007-02-20 23:42:44 · answer #1 · answered by kja63 7 · 0⤊ 0⤋
And exactly when are you going to learn anything? Would u like me to got school for you too?
2007-02-21 12:33:28 · answer #2 · answered by Akbar B 6 · 1⤊ 0⤋
"Show all work for each assignment and explain each step" je je je that is funny =) good luck with your homework
2007-02-21 13:52:02 · answer #3 · answered by Nita 2 · 1⤊ 0⤋
Sorry, but I'm not going to do your homework for you.
2007-02-21 20:27:11 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
I do not do homework either
2007-02-21 12:09:34 · answer #5 · answered by zudmelrose 4 · 0⤊ 0⤋
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2007-02-23 20:22:40 · answer #6 · answered by ellen h 2 · 0⤊ 0⤋