An investor buys an 8% municipal bond in the secondary market on a 10% basis. The investor does not accrete the bond discount annually. If the bond is held to maturity, after considering taxes to be paid, the investor's yield will be:

A. 8%
B.10%
C. more than 8% but less than 10%
D. less than 8%

A 8%

Explanation:

For  a primary or secondary market, Municipal bonds of 8%  was bought at a premium  that are also a  part of the process of that premium.

The investor's interest which  is a non-taxable income, for each yea,r it is decreased by the amortization amount with the same process, the cost of the bond'a basis is decreased by the amortization amount.

At a growth level rate, the bond would not have a loss or capital gain since the cost basis that was adjusted has been amortized to $1000, for which the bond was regained at $1000.

Furthermore, the bond will grow at 8% after tax yield, which was early stated.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.