Calculation of Tax Effective Yields for Discount Instruments

J. W. Colin and Richard J. Bayer

Journal of Financial and Quantitative Analysis, 1970, vol. 5, issue 2, 265-273

Abstract: This paper proposes a model that a dealer or investor may employ in determining• The potential investment value of a debt instrument,• The potential gains in net after-tax yield which result from swaps, and• The trade-off, effective, after-tax yield on a municipal vs a taxable corporate bond of the same quality or rating.

Date: 1970
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jfinqa:v:5:y:1970:i:02:p:265-273_01

Access Statistics for this article

More articles in Journal of Financial and Quantitative Analysis from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().