A taxable corporate issue yields 7 percent for an investor, Ask an Expert

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A taxable corporate issue yields 7 percent. For an investor in a 35 percent tax bracket, what is the equivalent aftertax yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Aftertax yield %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91582043

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