aspenwheeler1769 aspenwheeler1769

03-11-2021
Business

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If you are in the 20 percent tax bracket, what is your aftertax yield on a par value municipal bond yielding 5 percent

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creator69 creator69

03-11-2021

5% ( interest income from a muni is exempt from federal income tax so the after-tax yield equals the before tax yield)

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