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An investor is in the 28% tax bracket and lives in a state with no income tax, which one should he buy Has a choice
An investor is in the 28% tax bracket and lives in a state with no income tax, which one should he buy
Has a choice of two bonds: | |||||||||||
1. 7.5% corporate bond that is selling at par | |||||||||||
2. A municipal bond with a 5.25% coupon that is also selling at Par | |||||||||||
Has a choice of two bonds: | |||||||||||
1. 7.5% corporate bond that is selling at par | |||||||||||
2. A municipal bond with a 5.25% coupon that is also selling at Par | |||||||||||
1. 7.5% corporate bond that is selling at par | |||||||||||
2. A municipal bond with a 5.25% coupon that is also selling at Par |
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