The assessed valuation of a community is 60 and the tax rate is ...

[cdr_15]

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.)

[mistyjohnson]

Answer to Question 1

0.18

Answer to Question 2

1.15 greater yield from Bond A

[cdr_15]

Thanks for the timely response, appreciate it

[duy1981999]

YES! Correct, THANKS for helping me on my review