You are considering an investment in a municipal bond that has a yield of 5 percent. Your tax rate is 25 percent. What is your taxable equivalent yield

Answers

Answer 1

The taxable equivalent yield is 6.67%.

Given Information

Municipal bond has yield of 5%

Tax rate = 25 percent

Taxable equivalent yield = ?

The formula for use to derive the taxable equivalent yield is {Current yield on municipal bond / (1-tax rate).

Taxable equivalent yield = 5% / (1 - 25%)

Taxable equivalent yield = 0.05 / 0.75

Taxable equivalent yield = 0.06666666666

Taxable equivalent yield = 6.67%

Therefore, the taxable equivalent yield is 6.67%.

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Related Questions

Match each item to the correct document.

listing of volunteer activities

transcripts

presentation done at your last

job

degrees earned

Portfolio

Resume

Answers

Answer:

transcripts degrees earned

listing of volunteer activities portfolio

presentation done at your last job resume

Explanation:

a transcript is earned after getting a degree

A standard Résumé includes a "summary" of relevant educational background and work history. A transcript is a documented record.A portfolio is an organized, visual collection of a person's progress, achievements

What is Resume ?

A standard résumé includes a "summary" of relevant educational background and work history. The résumé is normally one of the first things a potential employer sees about a job seeker, along with a cover letter and occasionally an application for employment, and is commonly used to screen applicants, frequently followed by an interview.

What is Transcript ?

A transcript is a documented record (inventory) of a student's academic progress that includes their complete enrollment history, all courses (or subjects) they have attempted, grades they have received, and any degrees or awards they have received.

The Family Educational Rights and Privacy Act of 1974 forbids the publication of information from an official transcript to a third party without that party's permission in the United States. A crime is classified as altering a transcript instates.

What is Portfolio ?

A portfolio is an organized, visual collection of a person's progress, achievements, and efforts that demonstrates his/her accomplishments. The collection is a marketing tool aimed at potential employers that includes work samples and personal feedback on them.

Hence

listing of volunteer activities             -  Portfoliopresentation done at your last job   -   resume degrees earned                                 -   Transcript

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# SPJ 5

the purpose of the financial accounting standards board is to ______.

Answers

The aim of the financial accounting standards board is to improve financial accounting and reporting standards.

The financial accounting standards board simply means an organization whose purpose is to develop generally accepted accounting principles.

The financial accounting standards board improve financial accounting and reporting standards. It also provides useful information to investors.

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Linda is having trouble in her economics class. Although she understands the material, she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand. Which condition is Linda most likely struggling with

Answers

Based on the information given, the condition that Linda is most likely struggling with is writing disorder.

From the information given, it was stated that Linda is having trouble in her economics class and that she often gets low grades on her essays because she uses inaccurate language and her sentences are difficult to understand.

The above shows that she has a writing disorder. It's also referred to as dysgraphia. It's when an individual has problems with writing. This has a negative impact on the grade of such a person.

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The more often a product turns over (e.g. the higher its turns) the ______ its inventory holding cost per unit.

Answers

buisness it’s inventory holding cost per unit

List the four steps in preparing a statement of cash flows in the correct order. Instructions Choice 1 of 4. determine the net cash flows from financing activities toggle button determine the net cash flows from financing activities Choice 2 of 4. determine the net cash flows from investing activities toggle button determine the net cash flows from investing activities Choice 3 of 4. calculate the net cash flows from operating activities toggle button calculate the net cash flows from operating activities Choice 4 of 4. combine operating, investing, and financing activities toggle button combine operating, investing, and financing activities

Answers

The four steps in preparing the statement of cash flows in the correct order includes:

Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.

The cash flow statement is a financial statement that helps to summarizes the company's value cash and cash equivalents which enters and leaves the business.

The steps in preparing the statement of cash flows in order includes:

Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.

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1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income

2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise

Answers

An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.

Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.

A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.

Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.

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#SPJ1

Answer: It is flexible work hours and reliable income... But it is most likely B

Explanation: Sorry if this is wrong but I am 99 percent sure it is B

The confirmation of customers' accounts receivable rarely provides reliable evidence about the completeness assertion because:_______.
a. recipients usually respond only if they disagree with the information on the request.
b. auditors typically select many accounts with low recorded balances to be confirmed.
c. many customers merely sign and return the confirmation without verifying its details.
d. customers may not be inclined to report understatement errors in their accounts.

Answers

Answer:d

Explanation:maybe

what kind of potatoes are best for mashed potatoes?

Answers

Russets or Yukon Golds.

Jensen is 25 years old, and he will be starting his career as a business analyst. According to Levinson, Jensen is in the _____ phase of adult development.

Answers

Based on the research studies and situation described, according to Levinson, Jensen is in the Novice phase of adult development.

Daniel Levinson was a famous researcher whose interest centered on different stages of life from childhood to old age.

Daniel Levinson concluded that early adulthood lies between the ages of 17 to 45.

This early adulthood is then categorized into two, the novice phase between 17 to 33 and the culminating phase, which is between 33 to 45.

Thus, given that Jensen is 25, it is concluded that according to Levinson, Jensen is in the Novice phase of adult development.

Hence, in this case, it is concluded that the correct answer is "Novice."

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What is the most important factor of producing goods

Answers

Answer:

Human capital is the most important factor of production because it puts together land, labour and physical Capital and produce an output either to use for self consumption or to sell in the market. It includes the skilled and unskilled work force of a nation.

Question down below, Please answer if you know :)

Answers

Answer:

d

Explanation:

assets are what give u profit so a loan would be an asset for the person giving the loan.

Getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the ______, whereas displays and signs placed at the point of purchase or in aisles is advertising in the ______.

Answers

Considering the contextual situation described in the passage, getting customers into the stores by using newspapers, magazines, television, and social media refers to advertising in the Media.

Whereas displays and signs placed at the point of purchase or in aisles are advertising in the "Store."

This is because Media consists of the primary means of communicating to the public. And the agents of media in which advertisement may be done include the following:

NewspapersMagazinesTelevision,Social media

On the other hand, Store or shop outlet is often used to describe the point of purchase of commodities. Thus, any display and sign done at the point of purchase are known as advertising in the store.

Hence, in this case, it is concluded that the correct answer is Media and Store, respectively.

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What is the largest source of a income for banks

Answers

Answer:

Interest income

Explanation:

Answer:

goverment

Explanation:

they create the money from paper

What type of promise to pay does a promissory note represent?

Answers

Answer:

my left

Explanation:

Answer: unconditional

Explanation: i just got it right

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