Investing in municipal bonds to avoid paying tax on interest earned and to earn a higher after-tax yield is an example of:

Name: Investing in municipal bonds to avoid paying tax on interest earned and to earn a higher after-tax yield is an example of:
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Investing in municipal bonds to avoid paying tax on interest earned and to earn a higher after-tax yield is an example of conversion, as it involves converting taxable income into tax-exempt income, thereby reducing tax liability.

Investing in Municipal Bonds to Avoid Paying Tax on Interest