Question: should you buy? ( L G 6 - 2 ) 8 . A municipal bond you are considering as an investment currently pays a yield

should you buy? (LG6-2)
8. A municipal bond you are considering as an investment currently pays a yield of 6.75 percent. (6G 6-2)
a. Calculate the tax-equivalent yield if your marginal tax rate is 28 percent.
b. Calculate the tax-equivalent yield if your marginal tax rate is 21 percent.
should you buy? (LG6-2) 8. A municipal bond you are considering

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