If an investor is in the 28 percent federal income tax bracket,which bond is to be preferred?
a.
Single A, ten-year corporate bond yielding 9.5%
b.
Single A, ten-year municipal bond yielding 7.1%

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The Answer of If an investor is in the 28 percent federal income tax bracket,which bond is to be preferred?
a.
Single A, ten-year corporate bond yielding 9.5%
b.
Single A, ten-year municipal bond yielding 7.1%

If an Investor Is in the 28 Percent Federal Income