Question: A client in the 3 3 percent marginal tax bracket is comparing a municipal bond that offers a 5 . 3 percent yield to maturity

A client in the 33 percent marginal tax bracket is comparing a municipal bond that offers a 5.3 percent yield to maturity and a similar risk corporate bond that offers a 7.05 percent yield. Which bond will give the client more profit after taxes?
Municipal bond
Corporate bond
A client in the 33 percent marginal tax bracket is comparing

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