Mathematics, 23.06.2021 06:50 sam9043

You have the choice to invest your money in a bond that is federally and state tax free or a regular fully taxed corporate bond, each one promising a 6.5% rate of return. Assuming your federal tax rate is 27% and your state tax rate is 5%, which bond should you choose?

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You have the choice to invest your money in a bond that is federally and state tax free or a regular...