You Are Considering an MMMF

question 27

Multiple Choice

You are considering an MMMF.The fund is taxable and pays 8.5% interest.If your top federal tax bracket is 25% and you live in a state that doesn't impose income taxes,what after-tax return would you realize from this investment?

• A)6.38%
• B)2.13%
• C)7.44%
• D)8.25%

---

Definitions:

Descriptive Statistics

Numbers such as the mean, median, and mode.

Discriminant Validity

When a scale does not correlate with unrelated scales.

Empathy

The ability to understand and share the feelings of another.

Validity

When a scale measures what it’s supposed to measure.