Would you prefer a fully taxable investment earning 8.1 percent or a tax-exempt investment earning 6.1 percent?

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Would you prefer a fully taxable investment earning 8.1 percent or a tax-exempt investment earning 6.1 percent? Why? (Assume a 28 percent tax rate.)

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Mar 13, 2018 08:51 AM

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Would you prefer a fully taxable investment earning 8.1 percent or a tax-exempt investment earning 6.1 percent?

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