Calculate the after tax yield of a corporate bond that pays an annual yield of...
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Accounting
Calculate the after tax yield of a corporate bond that pays an annual yield of 11.50%. The income tax is 31% You can use the following formula: Yat = Ybt (1 Tx)
The answer must be rounded-up to 2 decimals and the % sign must be written. Example: 1.20%
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