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Question 16. If the marginal tax rate (MTR) is 36%, a 3.6% annual coupon rate municipal bond will have higher after-tax cash flow than a

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Question 16. If the marginal tax rate (MTR) is 36%, a 3.6% annual coupon rate municipal bond will have higher after-tax cash flow than a corporate bond with which annual coupon rates (choose all that apply)? 4.5% 000000 Question 17. Who are the issuers of Certificates of Deposits (COD)? O Banks O Insurance Companies O Mutual Funds O Stock Exchanges

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