Tax Equivalent Yield Flashcards
1
Q
tax free equivalent yield
A
=corp yield * (100% - tax bracket)
2
Q
taxable equivalent yield
A
muni yield / (100% - tax bracket)
Series 7 Math > Tax Equivalent Yield > Flashcards
tax free equivalent yield
=corp yield * (100% - tax bracket)
taxable equivalent yield
muni yield / (100% - tax bracket)