The real rate of return on a tax-free investment yielding 7 percent annually would be ____ percent if the investor were in the 35 percent marginal tax bracket and inflation were 4 percent.
A)-0.55 percent
B)0.55 percent
C)3.00 percent
D)4.48 percent

Question

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The Answer of The real rate of return on a tax-free investment yielding 7 percent annually would be ____ percent if the investor were in the 35 percent marginal tax bracket and inflation were 4 percent.
A)-0.55 percent
B)0.55 percent
C)3.00 percent
D)4.48 percent

The Real Rate of Return on a Tax-Free Investment Yielding