credit and taxes

Savings account in a commercial bank-expected annual yield = 3%.

High-growth common stocks-expected annual increase in market value = 10%; expected dividend yield = 0.


That looks like an amendment/correction to your previous question, and may explain the unrealistic 10% yield of a savings account that you mentioned.

What exactly is your question?


Calculate the after tax yields on the foregoing investments; assuming the Brittens have a 28% marginal tax rate (based on Public Law 108-27, The Jobs and Growth Tax Relief Reconciliation Act of 2003).

Municipal bonds-expected annual yield = 5%.

High Growth common stocks-expected annual increase in market value = 10%; expected dividend yield = 0.


Thank you!
for helping me with other questions. car

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asked by candy

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