4. Short-term municipal bonds currently offer yields of 4%, while comparable taxable bonds pay 5%. Which gives

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4. Short-term municipal bonds currently offer yields of 4%, while comparable taxable bonds pay 5%. Which gives you the higher after-tax yield if your tax bracket is:

a. Zero

b. 10%

c. 20%

d. 30%

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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