taxedrr - After-tax rate of return

Syntax

Return = taxedrr(PreTaxReturn, TaxRate)

Arguments

PreTaxReturn	Nominal rate of return. Enter as a decimal fraction.
TaxRate	Tax rate. Enter as a decimal fraction.

Description

Return = taxedrr(PreTaxReturn, TaxRate) calculates the after-tax rate of return.

Examples

An investment has a 12% nominal rate of return and is taxed at a 30% rate. The after-tax rate of return is

Return = taxedrr(0.12, 0.30)

Return =
         0.0840

or 8.4%

See Also

effrr | irr | mirr | nomrr | xirr

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