Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Chapter 21, Problem 12PS

Verify that the traditional tax shelter with a progressive tax (Spreadsheet 21 . 7 ) acts as a hedge. Compare the, effect of a decline of 2 % in the ROR to an increase of 2 % in ROR. LO 21 4

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