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Vedmedyk [2.9K]
3 years ago
10

Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respe

ct to effective tax rates? (Round your final answer to the nearest whole dollar amount.)
Taxpayer Salary Muni-Bond Interest Total Tax
Mihwah $ 10,000 $ 10,000 $ 600
Shameika $ 50,000 $ 30,000 ???
Business
1 answer:
Arlecino [84]3 years ago
6 0
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Values are Group of answer choices a. The deeply held convictions that influence your thinking when you are faced with choices b
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Answer:

a. Deeply held convictions that influence your thinking when you are faced with choices

Explanation:

A conviction refers to a firmly held belief of an individual.

An individual forms his values from his family, friends and people around which gradually shape perspective.

Values determine how an individual behaves socially, what constitutes morally right and what is not. They govern the ethical behavior of an individual.

Values are personal in nature in the sense those ain't generally acceptable principles. Those differ from individual to individual.  They determine the course of action of an individual when faced with challenges and alternatives.

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You wish to invest in a portfolio of stocks A (50%) and B (50%). The risk free rate is 2%. A B Expected Return (%) 10 18 Beta 1.
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Answer:

The portfolio rate of return is 14%

Explanation:

The portfolio's rate of return is the weighted average of the expected rate of return =s of the individual stocks that form up the portfolio. Thus the formula for rate of return of a portfolio is,

Portfolio rate of return = wA * rA + wB * rB

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  • rA is the rate of return of Stock A
  • rB is the rate of return of Stock B

So, the portfolio return is,

rP or Portfolio return = 0.5 * 0.1 + 0.5 * 0.18

rP = 0.14 or 14%

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