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You are considering the purchase of one of two different investments. Investment A is tax exempt and pays 6%. Investment B is taxable and pays

You are considering the purchase of one of two different investments. Investment A is tax exempt and pays 6%. Investment B is taxable and pays 8.33%. You live in a state that imposes no income taxes and are in a 28% federal tax bracket and want to earn the highest after tax return possible. Which of the following is true? (round to two decimal places)

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