If an investor is in a 30 percent marginal tax bracket and
Municipal bond
If an investor is in a 30 percent marginal tax bracket and can purchase a straight (nonmunicipal bond) at 8.37 percent and a municipal bond at 6.12 percent, which should he or she choose?
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municipal bondif an investor is in a 30 percent marginal tax bracket and can purchase a straight nonmunicipal bond at
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