For a taxable security, tax exempted interest rate on municipal bonds us used to determine
A. tax equivalent rate of return
B. local rate of return
C. withholding tax rate
D. general sales tax rate
Answer: Option A
Solution(By Examveda Team)
For a taxable security, tax exempted interest rate on municipal bonds us used to determine tax equivalent rate of return.This Question Belongs to Management >> International Finance And Treasury
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