Question: A client in the 3 1 percent marginal tox bracket is comparing a municipal band that offers a 5 percent yleld to maturity and a

A client in the 31 percent marginal tox bracket is comparing a municipal band that offers a 5 percent yleld to maturity and a similar-risk corporote bond that offers a 7.50 percent yleld. Which bond will give the client more profit after toxes?
A client in the 3 1 percent marginal tox bracket

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