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Author Question: The town of Brownsville assesses property at 80 of market value. The tax rate is 1.8. A church has a ... (Read 131 times)

TFauchery

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on: Jun 24, 2018
The town of Brownsville assesses property at 80 of market value. The tax rate is 1.8. A church has a total market value of 580,000 . How much does the church save by being exempt from property taxes?

Question 2

An investor bought two bonds. bond A was an 8 bond at 102 and bond B was an 8  bond at 104 . Each bond is to mature in 4 years. Compute how much greater the yield to maturity from bond A is than from bond B. (Do not consider commission. Round yields to two decimal places.)


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nikmaaacs

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

8,352

Answer to Question 2

0.07 greater yield from Bond A


TFauchery

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

FergA

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

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