An investor in the 28th tax bracket is trying to decide


An investor in the 28th% tax bracket is trying to decide which of the two bonds to select: one is a 5.5% US treasury bonds selling at par; the other is a Municipal pull bond with a 4.25% coupon, which is also selling at par. Which of these two bonds should the investor select? Why?  

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Financial Management: An investor in the 28th tax bracket is trying to decide
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