NO.PZ2018091705000030
问题如下:
Allen is an investment manager, who recently recruited a new customer, Jack. Jack invested $200,000 in an asset for 15 years that promises to offer an annual return of 12% before tax. Assume the cost basis is as same as market value and the investment should be imposed a tax of 10% at the end of the investment period. Calculate the accrual equivalent tax rate on this investment.
选项:
A.2.09%
B.5.54%
C.5.25%
解释:
C is correct.
考点:Accrual equivalent tax rates
解析:首先这题描述的情况是一个递延税的情况,因为税收发生在投资期结束时刻。因此我们运用递延税的计算出投资期期末时刻的资产的终值。
由于投资资产的cost basis和market value相等,所以B=1,
所以
接着我们再套用Effective annual return的公式计算
,反解这个公式得,
之后再运用Accrual equivalent tax rates的公式求解最终答案,即:
老师,这道题详细的结题过程可以帮我写一下吗?
我觉得我这道题没有很明白整个逻辑,麻烦辛苦老师