What is the tax risk associated with investing in a municipal bond?
Answer to relevant QuestionsIf Congress changes the tax law so as to increase marginal tax rates, what will happen to the price of municipal bonds? What is the yield ratio and why is it typically less than 1? In a revenue bond, which fund has priority when funds are disbursed from the reserve fund, the operation and maintenance fund or the debt service reserve fund? In the analysis of emerging market sovereign bonds, why is geopolitical significance important? What is the foreign bond market of a country?
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