Assume an investor's tax rate is 25 percent. The before-tax yield on a security is 12 percent. What is the after-tax yield? A) 16.00 percent B) 9.25 percent C) 9.00 percent D) 48.00 percent E) None of these are correct.

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Accounting. Assume an investors tax rate is 25 parcent

Assume an investor's tax rate is 25 percent.
The before-tax yield on a security is 12
percent. What is the after-tax yield?
A) 16.00 percent
B) 9.25 percent
C) 9.00 percent
D) 48.00 percent
E) None of these are correct.
Transcribed Image Text:Assume an investor's tax rate is 25 percent. The before-tax yield on a security is 12 percent. What is the after-tax yield? A) 16.00 percent B) 9.25 percent C) 9.00 percent D) 48.00 percent E) None of these are correct.
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