[CFA level 1模拟真题]Version 1 Questions－Q56 between, purchase, investor, face

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Q56. An investor is considering the purchase of two bonds. One of the bonds is tax-exempt and yields 4.5% while the other bond is taxable and yield 6.0%, If the two bonds are alike in all other characteristics, the rate that would make the investor indifferent between the two bonds is closest to:

A. 9.0%

B. 25.0%

C.27.0%

D.75.0%

 

答案和详解如下：

Q56.  B   Study Session 15-68.i

The indifference point would be the rate satisfies the equation: 6.0%(1 – T ) = 4.5%. solving for T, the marginal tax rate = 25%

melyla

b

xxjj564

 a

suhulijing

thanks

dayanjing

c

xiaoxiao0728

 有全套的么

merlinna

 b

jiguobiao

a

fpoon

thanks

elea0930

b