Q 10.45. Go to the Vanguard website and look up VWITX and VBIIX. 1. What is the

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Q 10.45. Go to the Vanguard website and look up VWITX and VBIIX. 1. What is the current yield of a tax-exempt Van- guard bond fund? 2. What is your state income tax treatment? 3. How does it compare to the most similar Van- guard taxable bond fund? 4. What tax rate would an investor have to suffer in order to be indifferent between the two bond funds?

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