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What is the difference in before tax yield of a 17% corporate bond and a 8% municipal bond for an investor in a 20% marginal
What is the difference in before tax yield of a 17% corporate bond and a 8% municipal bond for an investor in a 20% marginal tax rate? PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO 0 DECIMAL PLACES. DON'T WRITE THE PERCENTAGE SYMBOL. EX IF YOUR ANSWER IS 10% JUST WRITE 10
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