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Question 5 (4 points) All other elements being equal, a taxpayer with a marginal tax rate of 28% should invest in a taxable corporate
Question 5 (4 points) All other elements being equal, a taxpayer with a marginal tax rate of 28% should invest in a taxable corporate bond earning 6.2% rather than a tax-free municipal bond earning 4%. a) True b) False Question 6 (4 points) Tax deductions have the same value to all taxpayers. a) True b) False
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