Welcome to Ameritrade Plus University
  Investing in bonds
  Introduction
 
Top 10 things
 
The details:
 

Why bonds?
 

How bonds work
 

Yield converter
 

Sizing up risks
 

Buying bonds
 
Glossary
 
Take the test
 
Lessons:
1
  Setting priorities
2
  Making a budget
3
  Basics of banking
4
  Basics of investing
5
  Investing in stocks
6
  Investing in bonds
7
  Buying a home
8
  Investing in mutual funds
9
  Controlling debt
10
  Employee stock options
11
  Saving for college
12
  Kids and money
13
  Planning for retirement
14
  Investing in IPOs
15
  Asset allocation
16
  Hiring financial help
17
  Health insurance
18
  Buying a car
19
  Taxes
20
  Home insurance
21
  Life insurance
22
  Futures and options
23
  Family law
24
  Estate planning
25
  Auto insurance

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investing 101

  Tax-equivalent yield converter
This calculator lets you compare the yields on tax-exempt bonds by converting tax-free yields to their taxable equivalents, or vice-versa.

1. Enter the bond's nominal yield:  %

2. For Tax-exempt bonds only, click as many as apply. The bond is . . .

    Exempt from federal income taxes
    (most municipal bonds)

    Exempt from state income taxes
    (Treasuries and most muni bonds issued by your state, county or city)

    Exempt from local income taxes
    (Treasuries and most muni bonds issued by your county or city)

3. Enter your . . .

    Federal income tax rate: %
    State income tax rate (if any): %
    City or local income tax rate (if any): %

Taxable Equivalent Yield:

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