Maysa is considering making an investment in municipal bonds yielding 4%. What would the yield on a

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Maysa is considering making an investment in municipal bonds yielding 4%.
What would the yield on a taxable bond have to be to provide a higher after-tax return than the municipal bond if Maysa is in a 35% marginal tax rate bracket?


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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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