13. According to a study by Levy and Lerman, an investment in US bonds compared to internationally diversified bond portfolios is .

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asked 12 years ago in Economics by anonymous

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14. According to a study by Levy and Lerman, an investment in US stocks compared to internationally diversified stock portfolios is .

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22. Global Corp. has bonds outstanding. The bond's yield to maturity (before-tax cost of the bond) is 12.4 percent and the firm's tax rate is 40 percent. What is the after-tax cost of the bond?

asked 12 years ago in Economics by anonymous