A financial advispr recommends that you add some municipal bonds to your portfolio because of...
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Finance
A financial advispr recommends that you add some municipal bonds to your portfolio because of their tax advantages. You currently have corporate bonds with a yield of 0.079. How much do the municipal bonds need to yield for you to consider them equivalent to the corporates (assuming similar risks/ratings for each) if you have a marginal tax rate of 0.19 0.0737 0.0640 0.0794 0.0599
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