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You are looking at investing in bonds, but you have a choice, a 7% Wal-mart bond or a 4% Frankfort municipal bond (used to build

You are looking at investing in bonds, but you have a choice, a 7% Wal-mart bond or a 4% Frankfort municipal bond (used to build a high school). Your top federal tax rate is 40% and your top Kentucky tax rate is 5%. What should you do

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