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ATY 2000x 0.72 = $1440 (2000 is the increase in value and since the tax rate is 28% we multiply the amount by (1-0.28)= 0.72. } This is to ascertain the after tax yield for Bernie and Pam.
This is the after tax yield if Bernie and Pam Britten go in for a condominium.
2. Municipal bonds - expected annual yield = 5%...
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ATY 2000x 0.72 = $1440 (2000 is the increase in value and since the tax rate is 28% we multiply the amount by (1-0.28)= 0.72. } This is to ascertain the after tax yield for Bernie and Pam.
This is the after tax yield if Bernie and Pam Britten go in for a condominium.
2. Municipal bonds - expected annual yield = 5%...
Essay fragment
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