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VARVARA [1.3K]
3 years ago
5

A municipal bond carries a coupon of 6.75% and is trading at par. What is the equivalent taxable yield to a taxpayer in a combin

ed federal plus state 34% tax bracket
Business
1 answer:
Bingel [31]3 years ago
8 0

Answer:

10.23%

Explanation:

Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield

r = rm/1-t

r = 6.75% / 1 - 34%

r = 6.75% / 0.66%

r = 10.22727272727273%

r = 10.23%

So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.

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The blue giant has a profit margin of 6.2 percent and a dividend payout ratio of 40 percent. The capital intensity is 1.08 and t
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First we calculate the return on equity(ROE) based on the Du-pont equation

ROE =  Net profit margin * Total asset turnover * equity multiplier

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net profit margin = 6.2% = 0.062

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3 years ago
Act II Costumes currently has $120,000 in cash, $340,000 in inventory, and $20,000 in accounts receivable. The company also has
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Answer:

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= 3.5

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Explanation:

Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.                                                                                                                      

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Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du
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Answer:

$3.72

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therefore,

earnings per common share = $3.72

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3 years ago
In addition to a possible fine, when operating a vehicle on public or private property to avoid a traffic control signal or sign
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~Hello There!~

They would receive a 2 point moving violation.

Hope This Helps You!
Good Luck :)
Have A Great Day ^_^

- Hannah ❤
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