A municipal bond has a quoted yield of 5%. If an investor has a 20% marginal tax rate, the bond's pre-tax equivalent yield is
A)
4.00%.
B)
5.50%.
C)
6.25%.
D)
7.25%.
C
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Which of the following courts was created by Article III of the U.S. Constitution?
A. U.S. Supreme Court B. U.S. Tax Court C. U.S. Court of Appeals D. U.S. Court of Federal Claims
Inglast, a chocolate producer, is faced with a class action suit when customers found pieces of plastic in boxes of cocoa powder
Inglast settles the case and then releases an advertising campaign to show the new and improved safety seals on all containers of cocoa powder. Which kind of advertisement has Inglast most likely used? A) classified B) informative C) comparative D) personalized E) reminder
Depending on the preference of the company, memos may be appropriately printed on
a. memo forms. b. plain paper. c. company letterhead stationery. d. any of the above.
Which of the following did NOT contribute to the exchange rate collapse in emerging markets in the 1990s?
A) infrastructure weaknesses B) speculation on the part of market participants C) the sharp reduction of cross-border foreign direct investment D) All of the above contributed to the emerging markets exchange rate collapse of the 1990s.