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Suomt An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 10.00% yields, what yield must municipals offer for
Suomt An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 10.00% yields, what yield must municipals offer for the investor to prefer them to corporate bonds? (Round your answer to 2 decimal places.) Minimum municipals offer %
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
