Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1.calculate the after-tax yield on a 4% u.s. treas

1.Calculate the after-tax yield on a 4% U.S. Treasury security when the Federal tax rate...

70.2K

Verified Solution

Question

Accounting

1.Calculate the after-tax yield on a 4% U.S. Treasury security when the Federal tax rate is 30% and the state tax rate is 6%?

2. Robbie Keane, who lives in Los Angeles, CA, recently purchased a Colorado state bond with a before-tax yield of 6%. If Robbies federal tax rate is 28% and state tax rate is 8%, what is his after-tax yield?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students