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1. You are a financial analyst for an intenational firm that deals in bonds. There are two bonds been offered: ADANSI EAST bond and ENERGY

1. You are a financial analyst for an intenational firm that deals in bonds. There are two bonds been offered: ADANSI EAST bond and ENERGY bond. ADANSI EAST is a tax free bond and ENERGY is taxable bond. The firm is interested in buying one of the bonds and you are being asked to explain the impact of tax free and tax statuses of the bonds on the price and interest rates of the two bonds using appropriate graphs.

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