What Would the Equivalent Taxable Yield Be on an Investment

question 45

Multiple Choice

What would the equivalent taxable yield be on an investment that offers a 6 percent tax exempt yield? Assume a marginal tax rate of 28%.

• A) 0.125%
• B) 7.20%
• C) 6.48%
• D) 8.33%
• E) 32.14%

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Definitions:

Schizophrenic Disorder

A long-term mental disorder involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and inappropriate actions or feelings.

Psychological Disorder

A mental disorder characterized by patterns of thought, feeling, or behavior that are abnormal, distressing, and significant enough to interfere with one's daily functioning.

Personality Disorders

A class of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating markedly from those accepted by the individual's culture.

Extreme Characteristics

Traits or features that are significantly above or below the average or norm in any dimension such as physical, psychological, or behavioral.