A U.S. Treasury bond pays 2.80 percent interest. You are in the 27 percent marginal tax bracket. What is your after- tax yield on this bond?
A U.S. Treasury bond pays 2.80 percent interest. You are in the 27 percent marginal tax bracket. What is your after- tax yield on this bond?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 17P
Question
Hello tutor please provide answer general accounting

Transcribed Image Text:A U.S. Treasury bond pays 2.80 percent
interest. You are in the 27 percent
marginal tax bracket. What is your after-
tax yield on this bond?
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