The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a ...

The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a total market value of 760,000 . How much does the building save by being exempt from property taxes?

Q. 2

An investor purchased a 7 bond at 90 (no commission). The bond matures in 10 years. Calculate the rate of yield to maturity. (Round answer to two decimal places.)

Q. 3

The town of Oakdale assesses property at 70 of market value. The tax rate is 2.3. A hospital has a total market value of 850,000 . How much does the hospital save by being exempt from property taxes?

Q. 4

An investor purchased a 6.4 bond at 92 . The bond matures in 8 years. Calculate the current yield. (Round answer to two decimal places.)

Q. 5

A home having an annual tax bill of 1,500 was sold at the end of the sixth month of the taxable year. The seller had already paid the entire tax for the year. How much tax was the seller reimbursed on proration of taxes at the time of the sale?

Q. 6

An investor bought a 9 bond at 88 . The bond would mature in 6 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)

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The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a ...

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