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suppose you want to invest $ 1 0 , 0 0 0 . You have two options: Option # 1 : Invest in municipal bonds
suppose you want to invest $ You have two options:
Option #: Invest in municipal bonds with an expected return of or
Option #: Invest in the corporate bonds of Jefferson & Alexander Inc. which are offering an expected return of
Assume that your decision is based solely on your tax situation. If everything else is the same for both bonds, at what tax rate would you be
indifferent between these two bond investments?
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