Corporate Income Tax Rate Assignment | Homework for You

  1. A bank is considering some investment portfolio shifting. In doing so, the bank is considering selling $1,000,000 in 2 year state government bonds with a coupon interest of 4 percent, and purchasing $1,000,000 in 2 year county government bonds with a coupon interest of 5 percent issued at par. The state bonds being sold are listed at par on the bank’s books but they have a current market value of $950,000Homework For You

Assume that the bank’s corporate income tax rate is 35 percent.

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper
  1. Calculate the TOTAL net effect on the bank’s earnings in the current full year resulting from the shift. (12 points)
  2. Calculate the dollar income tax impact for the bank in the current year. Your answer must also indicate whether this is a tax benefit or a tax liability. (3 points) Get Finance homework help today

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
SEO
Well-written and well-researched content. Followed the instructions to the letter. Good job mate!!
Customer 463679, April 27th, 2023
Social Work and Human Services
All of the papers I have so far received have me extremely satisfied. The content that is asked for each task is written by the writers in great detail, and they perform a fantastic job of it. I'll keep using the service and tell other people about it. Again, many thanks.
Customer 463411, January 29th, 2023
Psychology
Good work.
Customer 459817, June 23rd, 2022
Education
Very well put!!! thank you
Customer 463875, March 11th, 2023
Business and administrative studies
Great effort.
Customer 452615, May 19th, 2022
Education
Good work
Customer 463647, December 15th, 2022
Science
Good one.
Customer 453625, May 21st, 2022
Military
GOOD WORK.
Customer 456821, June 11th, 2022
Military
Excellent job.
Customer 456821, May 11th, 2022
Healthcare & Medical
Good work!
Customer 463469, October 17th, 2022
Fitness
Well-researched content.
Customer 463473, October 25th, 2022
Entertainment & Gaming
Great work.
Customer 452441, April 29th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat