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An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what yield must municipals offer for the

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An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what yield must municipals offer for the investoe toprefer them to corporate bond? Which gives you the Jigher after tax yeld if your combined tak brachet is: a) 1901 b) 30%

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