What''s the nontaxable equivalent yield on a municipal bond
Problem
What's the Nontaxable equivalent yield on a municipal bond with a yield to maturity of 3 percent for an investor in the 28 percent marginal tax bracket?
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Why did LJM set up a separate SPV to write the put hedge that was sold to Enron? What was the purpose of the SPV?
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Answers this question in first person narration, Long essay, simple words if I am planning to have a Career as a Social Worker to become a Probation Officer:
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