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 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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