AuthorTopic: Net of Tax Index
Karnage
@2014-12-29 09:17:50
This has been bugging me all freaking morning! How do take tax off an index's monthly performance?

Lets say your tax rate is 40% and you need to pay tax monthly. You want to know what monthly return you would have had if you invested in assets that perfectly matched an index.

CFA Discussion Topic: Net of Tax Index

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu