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Business, 09.04.2021 01:00 lberries08

What are the after-tax rates of return per period for holding periods of 3, 5, 10, and 20 years for an investment in tax-exempt bonds, taxable bonds, SPDAs cashed out after age 59.5 (no excise tax), and SPDAs cashed out before age 59.5, requiring a 10% nondeductible excise tax (in addition to the normal tax) on the accumulated interest, for an investor facing a 40% ordinary tax rate each period and a 30% ordinary tax rate each period

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