Question
Sally, who is in the 15% tax bracket, purchases the following: One municipal bond with a 5.00% YTM One corporate bond with a 6.40% YTM
Sally, who is in the 15% tax bracket, purchases the following:
One municipal bond with a 5.00% YTM
One corporate bond with a 6.40% YTM
Sally's after-tax rates of return on the municipal bond and corporate bond will be:
Group of answer choices
Muni = 4.25% : Corporate = 6.4%
Muni = 5.75% : Corporate = 5.44%
Muni = 5% : Corporate = 5.44%
Muni = 5% : Corporate = 6.4%
Muni = 4.25% : Corporate = 5.44%
You are reading about a survey done of investors in Sweden. The results of the survey indicate that 90% of investors in Sweden ranked themselves as better-than-average investors. This can be best described as an example of
Group of answer choices
the disposition effect.
overconfidence.
dollar cost averaging.
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