Answer:
4% (exactly 4.4%)
Explanation:
A taxable bond is a debt security whose return to the investor is subject to taxes at the local, state or federal level, or some combination thereof. An investor trying to decide whether to invest in a taxable bond or tax-exempt bond should consider what s/he will have left in income after taxes are taken.
Step 1:
Find the reciprocal of your tax rate,
(1-22%) = 1-0.22 = 0.78
Step two:
Divide this into the yield on the tax-free bond to find out the tax-equivalent yield.
3.5/0.78 = 4.4 ~ 4%
Answer:
true
Explanation:
because there will be so many claims that each time you make a claim it costs more.
Answer:
sorry just answering to get points
Explanation:
sorry just answering to get points
Answer:
No.
Explanation:
Because if any of the lower court had let her case win, then she would never have to go to the highest court that there is.
