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单词 yield equivalence
释义

yield equivalence

From Longman Business Dictionaryyield equivalenceˌyield eˈquivalence noun [uncountable]FINANCE when a TAX-EXEMPT investment (=one that is not taxed) and a taxable investment of a similar quality provide the same after-tax RETURN, at a particular INTEREST RATE
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更新时间:2024/11/11 15:32:25