An investor who is in the 33 tax bracket is indifferent


Please mark the following as either True or False

1. To decrease the variance of a portfolio of assets, simply add assets with low/small variance.

2. An investor who is in the 33% tax bracket is indifferent between a 9% tax-free muni and a 6% taxable bond.

3. The standard deviation of a portfolio of assets is simply the weighted average of the standard deviations of the individual assets.

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Financial Management: An investor who is in the 33 tax bracket is indifferent
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