Question
An investor is in the 28 percent federal tax bracket and pays a 9 percent state tax rate and 4 percent in local income taxes.
An investor is in the 28 percent federal tax bracket and pays a 9 percent state tax rate and 4 percent in local income taxes. For this investor, a municipal bond paying 6 percent interest is equivalent to a corporate bond paying _____ interest.
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Day Trading Definitive Beginner S Guide
Authors: Brian Stclair
1st Edition
1537510452, 978-1537510453
