What is the purpose of computing the equivalent taxable yield of a municipal bond?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Question Posted: Sep 23, 2014 10:30 AM

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What is the purpose of computing the equivalent taxable yield of a municipal bond?

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Municipal bonds offer a tax advantage for the bondholder that ot...View the full answer

Finance Applications and Theory

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