试题与答案

A municipal bond selling at 12% above par

题型:单项选择题

题目:

A municipal bond selling at 12% above par offers a yield of 3.2%. A taxable Treasury note selling at an 8% discount offers a yield of 4. 6%. An investor in the 32.5% tax bracket wishes to purchase an equal dollar amount of both bonds. The after-tax yield of the two-bond portfolio is closest to:()

A. 2.63%.

B. 3.90%.

C. 3.15%.

答案:

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参考答案:B

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