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GoodMad_ GoodMad_
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7 years ago
You can buy a municipal bond to yield 10%. If you have a marginal tax rate of 28%, the bond's pre-tax yield equivalent is 13.89%.
A) True
B) False
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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#2
7 years ago
Another one bites the dust, as in, it's right Smiling Face with Open Mouth
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