Michelle williams is in the 30 personal tax bracket she is


1. Michelle Williams is in the 30% personal tax bracket. She is considering investing in HCA (taxable) bonds that carry a 9% interest rate. What is her after tax yield (interest rate) on the bonds?

2.Assume that Jane Adams pays income taxes at a 35 percent rate. What would be the after-tax amount on $100 of interest income that she receives?

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Michelle williams is in the 30 personal tax bracket she is
Reference No:- TGS0607166

Expected delivery within 24 Hours