Question
Your investment advisor recommends that you invest in tax-free municipal bonds yielding 3.0% after taxes. you are in the 50% tax bracket. what before-tax rate
Your investment advisor recommends that you invest in tax-free municipal bonds yielding 3.0% after taxes. you are in the 50% tax bracket. what before-tax rate would taxable bonds of comparable risk have to yield for you to be just indifferent between the tax-free municipal bonds and the taxable bonds?
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
