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Business, 01.04.2020 17:13 carlosleblanc26

You are examining two different MMMFs. Fund A is tax-exempt and pays 5%. Fund B is taxable and pays 6%. You live in a state that imposes no income taxes and are in a 28% federal tax bracket. At what tax rate would the two funds have identical yields?

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You are examining two different MMMFs. Fund A is tax-exempt and pays 5%. Fund B is taxable and pays...

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