Mathematics, 14.01.2021 14:00 unicorns110504
Each tile provides an investor’s tax bracket along with the tax-free yield of a bond the investor purchased. Use the formula to determine the taxable equivalent yields of the investments, and then order the investments from least to greatest return.
taxable equivalent yield =
tax bracket: 18%
tax-free yield: 3%
tax bracket: 24%
tax-free yield: 6%
tax bracket: 32%
tax-free yield: 3%
tax bracket: 22%
tax-free yield: 5%
Answers: 1
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Each tile provides an investor’s tax bracket along with the tax-free yield of a bond the investor pu...
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