问题
单项选择题
An analyst gathered the following information: Taxable security, quoted yield 9.8% Tax-exempt security, quoted yield5.7% Investor’s marginal tax rate 35% For the tax-exempt security, the investor’s tax-equivalent yield is closest to（）
A. 5.7%
B. 8.8%
C. 10.7%
答案
参考答案：B
解析：
5.7%/(1-35%)=8.8%.