1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka [77]
2 years ago
14

A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you w

ith an equivalent taxable yield of _________.
a. 4.48%
b. 7.40%
c. 9.14%
d. None of these options
Business
1 answer:
jek_recluse [69]2 years ago
8 0

If you are in the 30% tax bracket, this bond would provide you with an equivalent taxable yield of c. 9.14%.

<h3>Equivalent taxable yield</h3>

Using this formula

Equivalent taxable yield=Bond price/(1-Tax rate)

Where:

Bond price=6.40%

Tax rate=30%

Let plug in the formula

Equivalent taxable yield= 6.40%/(1 - 0.30)

Equivalent taxable yield=6.40%/70%

Equivalent taxable yield=9.14%

Inconclusion if you are in the 30% tax bracket, this bond would provide you with an equivalent taxable yield of c. 9.14%.

Learn more about equivalent taxable yield here:brainly.com/question/25656290

You might be interested in
What is the term that refers to a form of wealth that can be stored for the future?
Yuri [45]

Answer: The correct answer is asset.

Explanation: An asset is a form of wealth that can be stored for the future. Assets can occur in any number of forms, but the trait that they all have in common is that they can be converted to cash. Assets may be in the form of cash, equipment, property, vehicles, or anything else that has value.

6 0
3 years ago
say anythinggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggggg
Vadim26 [7]

Answer:

heyyyyyy

Explanation:

6 0
3 years ago
Read 2 more answers
Alicia deposited $400 in the bank. The bank paid her simple interest at the rate of 5 percent per year. How much money will she
algol13

Using simple interest, she will have $410 at the end of six months.

Principle = $400

Rate = 5%

Time equals 6 months, or 0.5 years.

Simple interest is equal to PRT/100.

S.I. = 400*5*(1/2)/100

S.I. = 10

Consequently, $400 plus $10 equals $410.

<h3>What is simple interest?</h3>

To calculate the amount of interest that will be charged on a loan, use the quick and easy formula known as simple interest. For the purpose of calculating simple interest, the daily interest rate, the principal, and the number of days between payments are multiplied.

A loan's principal or the first deposit into a savings account serves as the basis for simple interest. Because simple interest doesn't compound, a creditor would only pay interest on the principal sum, and a borrower will never have to pay interest on the interest that has already accrued.

Learn more about simple interests, from:

brainly.com/question/25845758

#SPJ1

6 0
11 months ago
What are the main components of money in the United States​ today? The main components of money in the United States today are​
Komok [63]

Answer:

The answer is option B.

Explanation:

The main components of money in the United States today are the physical cash in the form of currency, and also the deposits that are made in the form of savings in various banks and other depository institutions. This is to take into account that, the asset that can be converted into cash is not considered under these components of money in the US.

7 0
3 years ago
Meat​ Packers, Incorporated​ (MPI) preserves and packages various kinds of meats for transportation to grocery stores. To prepar
Grace [21]

Answer:

Fixed costs = $13,000

Variable costs = $450,000

Explanation:

Fixed costs are costs that do not vary with production. In this question, they are rent payments and monthly payments on meat packaging equipment.

Fixed cost = $10,000 + $3,000 = $13,000

Variable costs are costs that vary with production. In this question, they are the cost of purchase of raw meat, wages and fuel costs.

Variable costs = ($20 + $90 + $40) × 3000 = $450,000

I hope my answer helps you.

8 0
3 years ago
Other questions:
  • Use the cost and revenue data to answer the questions. Quantity Price Total Revenue Total Cost 15 90 1350 900 30 80 2400 1500 45
    8·1 answer
  • What is the best order to look for funding sources
    5·1 answer
  • Why are junk bonds more popular during a bear market
    10·1 answer
  • A __________ is an option valuation model based on the assumption that stock prices can move to only two values over any short t
    13·1 answer
  • I’m not sure how to do these tbh
    11·1 answer
  • When the firm increases output and the costs rise disproportionately​ slower, then the longminusrun average cost curve is​ _____
    8·1 answer
  • A plaintiff sued a defendant in a patent infringement suit. To sustain his claim, the plaintiff was required to demonstrate the
    14·1 answer
  • Is rental income debit or credit
    11·2 answers
  • What part of the cover letter explains how the applicant’s qualifications meet the needs of the company?
    11·2 answers
  • Effectively communicating the strategic vision to company personnel is important because:__________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!