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Posted on Sep 19, 2024

the yield on a tax exempt municipal security is 8 . 0 6 % and the yield on a taxable corporate bond is 1 3

the yield on a tax exempt municipal security is

8.06 %

and the yield on a taxable corporate bond is

13 % .

For an indovidual in the

28 %

tax bracket, which bond is preferable and why?

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