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A client in the 35 percent marginal tax bracket is comparing a municipal bond that offers a 4.25 percent yleid to maturity and a similar-nisk

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A client in the 35 percent marginal tax bracket is comparing a municipal bond that offers a 4.25 percent yleid to maturity and a similar-nisk corporate bond that offers a 5.10 percent yleld. Which bond will give the client more profit after taxes? Milipie Choice the municipai bond the corpornte bond Both give the client equal profits after taves

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