Marginal tax-what is the taxable equivalent yield

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Reference no: EM13768302

An investor in the 20% Marginal tax bracket is looking at buying Harrisburg, PA notes. The Yield is 4.25% on the notes. What is the Taxable Equivalent Yield?

Reference no: EM13768302

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Marginal tax-what is the taxable equivalent yield : An investor in the 20% Marginal tax bracket is looking at buying Harrisburg, PA notes. The Yield is 4.25% on the notes. What is the Taxable Equivalent Yield?

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