what would the equivalent taxable yield be on an investment that offers a 6 percent tax exempt yield?

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what would the equivalent taxable yield be on an investment that offers a 6 percent tax exempt yield?

Assume a marginal tax rate of 28%. US Calculation

2007-06-20 12:04:38 · 3 answers · asked by Mia 1 in Business & Finance ➔ Investing

3 answers

x (1-0.28) =6
x=8.33%

2007-06-20 12:16:01 · answer #1 · answered by skipper 7 · 0⤊ 0⤋

they're frequently tax exempt the place issued: e.g. a bond issued with the help of a PA municipality may well be exempt from state tax in PA yet no longer in Ohio. finding something tax exempt which will beat inflation isn't likely.

2016-10-18 04:47:46 · answer #2 · answered by prebor 4 · 0⤊ 0⤋

Doesn't your teacher tell you how to compute this stuff?

2007-06-20 12:27:38 · answer #3 · answered by shipwreck 7 · 0⤊ 0⤋