Question
Assume that you are in the 30% marginal tax bracket and that you have $10,000 to invest. You have narrowed your investment choices down to
Assume that you are in the 30% marginal tax bracket and that you have $10,000 to invest. You have narrowed your investment choices down to municipal bonds yielding 7% or equally risky corporate bonds with a yield of 10%. Which one should you choose?
a. Indifferent
b. Both
c. Municipal
d. Corporate
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
