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Order these investment alternatives exclusively in terms of before tax yield for an investor in a 10% marginal tax rate? (FROM HIGHER TO LOWER) 26
Order these investment alternatives exclusively in terms of before tax yield for an investor in a 10% marginal tax rate? (FROM HIGHER TO LOWER)
26 weeks T-Bills @97% of par value (par value = $10,000)
60 days CD with 7% single payment yield
a 7% coupon rate Corporate Bond
a 5% coupon rate municipal Bond
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