1. Stocks tend to get more publicity than bonds, but many investors, especially those nearing or in...

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1. Stocks tend to get more publicity than bonds, but many investors, especially those nearing or in retirement, find that bonds are more consistent with their risk preferences. One site that will help an investor choose among bonds can be found at http://bonds.yahoo.com. Click on the calculators tab and choose the calculator titled, "Which bond is better." Look at the example provided. Do the results change if you assume a 28% tax bracket and that you will sell the bond in two years?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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