题目内容

Suppose your tax bracket is 28%. Would you prefer to earn a 6% taxable return or a 4% tax-free yield?What is the equivalent taxable yield of the 4% tax-free yield?

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The offering price of an open-end fund is $12.30 per share and the fund is sold with a front-end load of 5%.What is its net asset value? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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