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Suppose you are in the 22% tax bracket and you can invest in only one of the following bonds. A) $1,000 Par State of Mass
Suppose you are in the 22% tax bracket and you can invest in only one of the following bonds. A) $1,000 Par State of Mass 4% coupon due 2031 B) $1,000 Par Disney bond 5.5% Coupon Due 2031 Both bonds are Trading at Par and both are rated AAA Explain, using numbers which bond you'd buy.
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