With a 30 percent marginal tax rate would a tax-free yield


With a 30 percent marginal tax rate, would a tax-free yield of 6.1 percent or a taxable yield of 7.7 percent give you a better return on your savings?

Taxable yield of 7.7 percent.

Tax-free yield of 6.1 percent.

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Financial Management: With a 30 percent marginal tax rate would a tax-free yield
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