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Tax Equivalent Yield in Financial Formulas
Tax Equivalent Yield is the pretax yield that a taxable bond needs to possess for its yield to be equal to that of a tax-free municipal bond. And is denoted by TEQY.
Formulas to find Tax Equivalent Yield in Financial
f
x
Tax Equivalent Yield
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List of variables in Financial formulas
f
x
Tax Free Yield
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f
x
Tax Rate
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FAQ
What is the Tax Equivalent Yield?
Tax Equivalent Yield is the pretax yield that a taxable bond needs to possess for its yield to be equal to that of a tax-free municipal bond.
Can the Tax Equivalent Yield be negative?
{YesorNo}, the Tax Equivalent Yield, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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