What Is the Tax Exempt Equivalent Yield on a 9

question 48

Multiple Choice

What is the tax exempt equivalent yield on a 9% bond yield given a marginal tax rate of 28%?

• A) 6.48%
• B) 7.25%
• C) 8.02%
• D) 9%

---

Definitions:

Source Area

The region or section in a document or a program from which data is taken or referenced.

Nonadjacent Ranges

In spreadsheet applications, selections of cells or ranges that are not contiguous but are selected for simultaneous operations.

SHIFT Key

A modifier key on a keyboard, used to type capital letters and other alternate "upper" characters.

Auto Fill Options Menu

A feature in some software that automatically completes text or data entry based on previously entered information.