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Question 3 : ( 1 0 pts ) a . Why are municipal bonds attractive to household investors? ( 4 pts ) b . Mo

Question 3: (10 pts)
a. Why are municipal bonds attractive to household investors? (4pts)
b. Mo has a tax rate of 28%. The yield on a corporate bond and a Muni bond is 7% and 5.5%,
respectively. Which bond should he invest in?(6pts) please show your calculations to get
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