Explain the relationship between a taxpayer's marginal tax rate and after-tax returns on corporate and municipal bonds.

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Explain the relationship between a taxpayer's marginal tax rate and after-tax returns on corporate and municipal bonds. Would municipals be a worthwhile investment for you today? Explain why or why not.

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Money And Capital Markets

ISBN: 9780077235802

10th Edition

Authors: Peter Rose, Milton Marquis

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