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Thanks! Fully-taxable bonds yield ( 10 % ) per year before tax, tax-exempt bonds yield ( 6.5 % ), and the pretax return on single
Thanks! Fully-taxable bonds yield \( 10 \% \) per year before tax, tax-exempt bonds yield \( 6.5 \% \), and the pretax return on single premium deferred annuities (SPDAs) is \( 9.5 \% \). 1. What are the afte 2 answers
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