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2 poir QUESTION 23 Malachi has 2 mutually exclusive investment opportunities; meaning he can only chose one. The first is a municipal bond with a

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2 poir QUESTION 23 Malachi has 2 mutually exclusive investment opportunities; meaning he can only chose one. The first is a municipal bond with a return of 7 percent; while the second is a taxable bond with a return of 10 percent. If his MTR (Marginal Tax Rate) is 30%; which one should he go for? a) The Municipal Bond b) The Taxable Bond c) Either one d) Both

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