You earn six percent on your corporate bond portfolio this, Ask an Expert

Finance

You earn six percent on your corporate bond portfolio this year and you are in a 15 percent federal tax bracket and a six percent state tax bracket. Determine the after tax rate of return. [Suppose that federal taxes are not deductible against state taxes and vice versa].

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M916042

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Define and fully explain marketing research and the

Define and fully explain marketing research and the marketing concept and describe the relationship between marketing research and the marketing concept.

Looking at the financials for the good old xyz corp in 2016

Looking at the financials for the good old XYZ Corp, in 2016 they had a retained earnings balance of $7,933 million. In 2017, just one year later, it was $9,557 million! XYZ sold no stock during the year BUT they did pay ...

Sara has decided to invest in commercial paper with a par

Sara has decided to invest in commercial paper with a par value of $1,000,000 and a 60-day maturity for $990,000. If Sara decides to hold this investment to maturity then what will her annualized yield be?

Question - major manufacturing currently has one bank

Question - Major Manufacturing currently has one bank account located in New York to handle all of its collections. The firm keeps a compensating balance of $300,000 to pay for these services (see Section 19.7). It is co ...

Kings department store is contemplating the purchase of a

King's Department Store is contemplating the purchase of a new machine at a cost of $36,686. The machine will provide $4,900 per year in cash flow for fourteen years. King's has a cost of capital of 12 percent. calculate ...

The pretzel factory has net sales of 841300 and cost of

the pretzel factory has net sales of 841,300 and . cost of 698500. the depreciation expense is 28400 and the interest paid is 8400. The firms marginal tax rate is 35 percent what is the firms operating cash flow?

A stock can be sold for 1425 the investment bank charges

A stock can be sold for $14.25. The investment bank charges $1.10 per share for creating and marketing the shares. If the last dividend was $.91 and the growth rate is 2.1%, what is the cost of new common stock financing ...

Shareholder wealth in a firm is represented bya the

"Shareholder wealth" in a firm is represented by: a) The number of people employed in the firm. b) The book value of the firm's assets less the book value of its liabilities. c) The amount of salary paid to its employees ...

Old xyz corp has total assets of 1000000 and a debt ratio

Old XYZ Corp has total assets of $1,000,000 and a debt ratio of 30%. Currently it has sales of $2,500,000, total fixed costs of $1,000,000, and EBIT of $50,000. If XYZ pays 6% interest on debt, what is XYZ's ROE?

Question - city motors will sell a 15000 car for 345 a

Question - City Motors will sell a $15,000 car for $345 a month for 52 months. What is the interest rate? (What is the process doing in financial calculator?)

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert