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Author Question: The assessed valuation of a community is 60 and the tax rate is 1.6. More revenue is needed. The ... (Read 97 times)

cdr_15

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on: Jun 24, 2018
The assessed valuation of a community is 60 and the tax rate is 1.6. More revenue is needed. The assessed valuation is being left at 60 and the tax rate is being raised to 1.9. Compute how much more tax money per 100 of market value, the increase will generate.

Question 2

An investor bought two bondsbond A was an 8 bond at 110 and bond B was a 6 bond at 98 . The commission was 5 per bond. Compute how much greater the current yield from bond A is than from bond B. (Round yields to two decimal places.)


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mistyjohnson

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

0.18

Answer to Question 2

1.15 greater yield from Bond A


cdr_15

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

frankwu0507

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Reply 3 on: Yesterday
Excellent

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