Answer:
a tax-rate for 33.33% will make both investment yield an equal return after-taxes
Explanation:
the municipal bonds aare tax free, while the J and K Corp.'s bond are subject to tax income.
threfore to be indifferent between these bonsd the tax rate will equal the corp bon rate after taxes with the municipal bond:
pretax x (1 - t ) = after tax
0.195 x (1-t) = 0.13
1 - 0.13/0.195 = t
t = 1/3 = 33.33%
Answer:
0.58
Explanation:
because after decimal point there will be two numbers
Answer:
D. plus net receipts of factor income from the rest of the world
Explanation:
Gross national product (GNP) is the value of all final goods and services produced by a country's residents both at home and abroad.
GNP = Consumption + Investment + Government + Net Export + Net factor income from abroad
