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Author Question: A home having an annual tax bill of 1,800 was sold at the end of the ninth month of the taxable ... (Read 64 times)

tatyanajohnson

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on: Jun 24, 2018
A home having an annual tax bill of 1,800 was sold at the end of the ninth 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 bought an 8  bond at 98 . The bond would mature in 4 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)


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fauacakatahaias

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

450

Answer to Question 2

9.09


tatyanajohnson

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

Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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