Quiz – Comparing After-Tax Returns on Municipal and Corporate Bonds
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
Calculate the after-tax rates of return on municipal and corporate bonds for an investor in a given tax bracket.
Calculate the after-tax rates of return on municipal and corporate bonds for an investor in a given tax bracket.
A stock quote indicates a stock price of $60 and a dividend yield of 3%. The latest quarterly dividend received by stock investors must have been ______ per share.
If a Treasury note has a bid price of $996.25, the quoted bid price in the Wall Street Journal would be _________.
Calculate the potential selling price of a T-bill with a given face value and bid/ask quotes.
Calculate the latest quarterly dividend received by stock investors based on a given stock price and dividend yield.
Calculate the equivalent taxable yield on a bond in a specific tax bracket when given the tax-free municipal bond yield.
Calculate the taxable yield on a municipal bond based on the provided tax bracket and yield percentage.
Calculate the expected proceeds from selling Treasury bonds based on bid and ask prices given in dollars ($).
Calculate the new index value for a market value-weighted index with changing stock prices and number of outstanding shares.
Calculate the price-weighted index value for a portfolio consisting of three stocks.