Kate Eden received a graduation present of $5,000 that she is planning on investing in a mutual fund that earns 6.00 percent each year. How much money can she collect in three years

2 answers

5900
John Friedman is in the 40 percent personal tax bracket. He is considering investing in HCA bonds that carry a 12 percent interest rate.

(a). What is his after-tax yield (interest rate) on the bonds?