An investor purchases one municipal and one corporate bond, Financial Management

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An investor purchases one municipal and one corporate bond

An investor purchases one municipal and one corporate bond that pay rates of return of 5% and 6.4% respectively. If the investor were in the 15% tax bracket, his after tax rates of return on the municipal and corporate bond would be respectively_______________?

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Financial Management: An investor purchases one municipal and one corporate bond

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Financial Management: An investor purchases one municipal and one corporate bond

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