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Author Question: A home having an annual tax bill of 2,460 was sold at the end of the eighth month of the taxable ... (Read 61 times)

stephzh

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on: Jun 24, 2018
A home having an annual tax bill of 2,460 was sold at the end of the eighth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Question 2

An investor purchased a 10  bond at 110 . The bond matures in 7 years. Calculate the current yield. (Round answer to two decimal places.)


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tashiedavis420

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Reply #1 on: Jun 24, 2018
Answer to Question 1

820

Answer to Question 2

9.32


stephzh

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

elyse44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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