Determine after tax yield on the bond


A corporate bond pays 9.75 percent interest. You are in the 29 percent tax bracket. What is your after tax yield on this bond? 

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determine after tax yield on the bond
Reference No:- TGS0676275

Now Priced at $5 (50% Discount)

Recommended (93%)

Rated (4.5/5)