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Elaborate on how liquidity and taxability affect bond returns. Is there a difference whether an investor receives capital gains or interest income?
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Liquidity and taxability can indeed affect bond returns and whether an investor receives capital gains or interest income can have different implicati...Get Instant Access to Expert-Tailored Solutions
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Taxes And Business Strategy A Planning Approach
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
5th Edition
132752670, 978-0132752671
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