Multiple Choice
What would the after-tax yield be on an investment that offers a 6 percent fully taxable yield? Assume a marginal tax rate of 31 percent.
A) 2.79 percent
B) 6.48 percent
C) 4.14 percent
D) 7.20 percent
E) 12.50 percent
Correct Answer:
Verified
Correct Answer:
Verified
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