Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Jul 2017 My Price 2.00

taxable investment

Would you prefer a fully taxable investment earning 10.7 percent or a tax-exempt investment earning 8.1 percent? Why? (Assume a 28 percent tax rate.)

 

Assuming a 28 percent tax rate, 10.7 percent times 0.72 equals 7.704 percent; an 8.1 percent tax exempt return would be preferred.

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Maurice Tutor
(5)
Status NEW Posted 26 Jul 2017 10:07 AM My Price 2.00

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