Series 7 - General Securities Representative Exam
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What is the tax equivalent yield of an 6% GO bond for an investor in the 35% tax bracket?
4.44%
A
9.23%
B
6.00%
C
7.62%
D
Explanations
TEY formula muni yield (6%) / 100% - tax bracket (35%) = 6/65 = 9.23%
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
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- Series 7
- 50 of 625