Which has the higher aftertax yield if taxes did not exist, Finance Basics

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Which has the higher aftertax yield if taxes did not exist

Tax Effects on Yields Do investors in high tax brackets or those in low tax brackets benefit more from tax-exempt securities? Why? At a given point in time, which offers a higher before-tax yield: municipal bonds or corporate bonds? Why?

Which has the higher aftertax yield? If taxes did not exist, would Treasury bonds offer a higher or lower yield than municipal bonds with the same maturity? Why?

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