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dy v 5. Comparing Taxes on Investments. Would you prefer a fully taxable investment earning 10.7 percent or a tax- exempt investment earning 8.1 percent?

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dy v 5. Comparing Taxes on Investments. Would you prefer a fully taxable investment earning 10.7 percent or a tax- exempt investment earning 8.1 percent? Why? Assume a combined 2016 marginal tax rate of 43.41 percent. LO3

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