000 Corporate interest rate 10% Municipal interest rate 7% Tax Rate 25.0% After-tax interest Corporate = Pre-tax interest – tax on interest = Muni = Pre-tax interest = There is no tax on the muni Tax rate at which you would be indifferent After-tax yield on muni versus corp bond […]

Team Roles in a Nutshell Ever wondered why some teams just seem to work and others hit the rocks? When things don’t work, it is obvious to all and it often has a profound effect on the people involved, as well as the project or objective tobeachieved. In the 1970s, […]

Suppose that for a price of $930 you purchase a 7-year Treasury bond that has a face value of $1,000 and a coupon rate of 3% If you sell the bond one year later for $1,100, what was your rate of return for that one-year holding period? The rate of […]