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Assume you are in the 28 percent tax bracket and purchase a 3 50 percent municipal bond Use the formula presented in this chapter to calculate the taxable equivalent yield for this investment

Assume you are in the 28 percent tax bracket and purchase a 3.50 percent municipal bond. Use the formula presented in this chapter to calculate the taxable equivalent yield for this investment.

2. List the three reasons investors purchase corporate bonds.

3. What type of information about bonds is available on the Internet?

May 16 2020 View more View Less

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