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April, who is under 5 0 , is considering investing in tax - free state government bonds or making a permitted tax - deductible contribution

April, who is under 50, is considering investing in tax-free state government bonds or making a
permitted tax-deductible contribution to a traditional IRA. Assume that the amounts are the
same for either alternative or that she can reinvest the interest income from the government
bonds indefinitely. What tax and nontax factors should she consider?

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