You are examining two different MMMFs. Fund A is tax-exempt and pays 7%. Fund B is taxable and pays 9.5%. You live in a state that imposes no income taxes and you are in the 25% federal tax bracket. Which of these two alternatives is better?
A) Find A is the better choice.
B) Fund B is the better choice.
C) Fund A and Fund B are equal so they both are a wise choice.
D) Neither Fund A nor Fund B are wise choices.
Answer: B
You might also like to view...
Irvina is a general practice physician. Her office includes a number of nurses, clerical assistants, and a physician's assistant. She runs a well-organized practice, but she depends on a variety of corporate partners to create value for her patients. Who are likely to be Irvina's corporate partners and how do they help or hinder her efforts to create value?
What will be an ideal response?
Which approach to addressing resistance to change is most commonly used in a crisis when leaders need everyone on board with the changes and right away?
a. Negotiation b. Participation c. Coercion d. Manipulation
Selected financial information for Martin Company for Year 2 follows:
Required:How many times did Martin's merchandise inventory turnover during Year 2? Round your answer to one decimal place.
What will be an ideal response?
A professor assigns a massive homework set the first day of class that will be due the day the students walk in to take their first exam of the semester
Over the weekend he grades the homework and the exam papers and as he reviews the results, it occurs to him that students that worked more of the 40 problems in the homework assignment appeared to be more successful on the exam. Which of the continuous improvement tools would be most appropriate for displaying this phenomenon? A) statistical process control (SPC) B) scatter plot C) Ishikawa diagram D) Pareto chart