Supposed that you are in the 28 bracket and that you are


Supposed that you are in the 28% bracket and that you are looking at a municipal bond. The bond has a coupon rate of 2.75%. You see a 3.85% coupon taxable bond available as well. Goven your tax bracket. What would you choose the tax free or the taxable bond?

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Business Economics: Supposed that you are in the 28 bracket and that you are
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