宇宙球求 · 2024年07月06日

为什么liquidation 2.5%

1. CFA III
2. 个人IPS

 10:03 (1.5X) 

结合课后题答案：这段还没听明白:

The assumed tax liability from capital gains at liquidation is 2.5% of the final value, which is the product of the 10% embedded gain and the 25% capital gains tax rate.