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tensa zangetsu [6.8K]
2 years ago
13

A municipal bond carries a coupon rate of 4.25% and is trading at par. What would be the equivalent taxable yield of this bond t

o a taxpayer in a 35% combined tax bracket?
Business
1 answer:
max2010maxim [7]2 years ago
4 0

Answer and Explanation:

Municipal bond rate = Taxed bond rate × (1-Tax rate)

4.25 = Taxed bond rate × ( 1 - 0.35)

Taxed bond rate = 6.54

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If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?
stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0
3 years ago
Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if t
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The mission statement of your business should contain all of the following elements except the
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C. expected profit margins
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2 years ago
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A study is designed to evaluate how an employee reacts to interruptions when attempting to answer his/her email. After several i
hammer [34]

Answer:

participant perceives deviations but unrelated to researcher

Explanation:

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4 0
3 years ago
Jennifer's income is too high to qualify for the credit on Form 8880, Credit for Qualified Retirement Savings Contributions.A. T
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Answer:

given statement is true

Explanation:

solution

the given statement is true because  

by encouraging, people of the lower income is contributing to their retirement savings account.  

and IRS offers a tax credit for contributions to them for claim the retirement savings credit

so  Jennifer must use IRS form 8880

and credit percentage decreases as the as AGI increases

so we can say given statement is true

3 0
3 years ago
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