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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 57 times)

tatyanajohnson

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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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Answer to Question 1

450

Answer to Question 2

9.09




tatyanajohnson

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


lindahyatt42

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

 

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