Examlex
Assume that Jose is indifferent between investing in a corporate bond that pays 10% interest and a stock with no growth potential that pays an 8% dividend yield.Assume that the tax rate on dividends is 15%.What is Jose's marginal tax rate?
Primacy Effect
A perception problem through which an individual assesses a person quickly on the basis of the first information encountered.
Recency Effect
A perception problem through which we use the most recent information available to assess a person.
Recency Effect
A cognitive bias in which the most recently presented information or experiences are remembered more clearly than earlier ones.
Perceptual Errors
Mistakes in judgment or interpretation caused by inaccuracies in the perceptual process, similar to perceptual distortions but emphasizing the error aspect.
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