Question
Jake Hanson lives in New York and is considering purchasing a bond. He has settled on either a 5% municipal bond offered by New York
Jake Hanson lives in New York and is considering purchasing a bond. He has settled on either a 5% municipal bond offered by New York or a 7% corporate bond offered by the Greenhorn Corporation, which has headquarters in New York. Jake needs some guidance and would like you to help him determine which bond will provide him with the greatest return.Which of the following information do you need to obtain before you make an appropriate recommendation?
A. | The business of his employer | |
B. | His current tax bracket | |
C. | How long he has lived in New York | |
D. | His other holdings |
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