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Business, 15.11.2019 18:31 MadisonElle

An investor in the 28 percent tax bracket is trying to decide which of two bonds to purchase. one is a corporate bond carrying an 8 percent coupon and selling at par. the other is a municipal bond with a 5½ percent coupon, and it, too, sells at par. assuming all other relevant factors are equal, which bond should the investor select?

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