A bank is considering two securities: a 30-year treasury bond yielding 7 percent and a 30-year municipal bond yielding 6 percent.
a. if the bank's tax rate is 30 percent, calculate the treasury bond's after-tax yield.
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Home » Business » A bank is considering two securities: a 30-year treasury bond yielding 7 percent and a 30-year municipal bond yielding 6 percent. a. if the bank's tax rate is 30 percent, calculate the treasury bond's after-tax yield.