By property type, RERC found that required weighted-average unleveraged pretax yield
rates increased slightly for offices and apartments but remained flat for the industrial, retail and hotel sectors in fourth-quarter 2013.
The real pretax yield
is $30 regardless of the inflation rate, since the bond is adjusted for inflation.
The pretax yield
or internal rate of return for central business district office properties was 8.
The Visa card on average generates a pretax yield
in the 11 percent range, he added.
The average risk-adjusted pretax yield on AMT bonds is higher than that of tax-exempt bonds and lower than that of taxable bonds.
3) The classic example of implicit taxes in asset prices is the lower average pretax yield on tax-exempt bonds compared to taxable bonds.
This point is reached when the yield of the alternative investment equals the pretax yield
of the tax-exempt bonds.
In fact, two state munis are averaging a pretax yield
First-quarter 2003 pretax yield
rate expectations reported by RERC for all property types on an institutional level are lower than at any time since before Sept.
In exhibit 3, part 1, taxable interest income reduces a 7% pretax yield
to a 3.
Figure 3 CBD & Suburban Office Summaries CBD Office Summary 1Q98 4Q97 1Q97 Pretax Yield