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Comparing Taxable and Tax-Free Yields. With a 28 percent marginal tax rate, would a tax-free yield of 7 percent or a taxable yield of 9.5
Comparing Taxable and Tax-Free Yields.
With a 28 percent marginal tax rate, would a tax-free yield of 7 percent or a taxable yield of 9.5 percent give you a better return on your savings? Why?
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
