Saturday
August 30, 2014

Homework Help: Finance

Posted by Vicky on Sunday, March 14, 2010 at 4:32pm.

If an instrument has a 10.7% Nominal Return, the inflation rate is 3.1%, and your tax rate is 28%, what’s your approximate “Real After-Tax Return?”
a. 4.6%
b. 7.6%
c. 5.8%
d. none of the above

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