Question: Mr . Fuentes has $ 1 5 , 0 0 0 to invest. He is undecided about putting the money into tax - exempt municipal

Mr. Fuentes has $15,000 to invest. He is undecided about putting the money into tax-exempt municipal bonds paying 3.5 percent annual interest or corporate bonds paying 4.75 percent annual interest. The two investments have the same risk.

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