You are considering the purchase of one of two different bonds,a muni,which currently yields 6%,and a corporate,which currently yields 10%.If you are trying to maximize your return and you are in a 38% tax bracket,which of the following is true?
A) The muni bond has a better yield for you.
B) The corporate bond has a better yield for you.
C) The bonds have identical yields for you.
D) There is not enough information to determine which is a better yield for you.
Correct Answer:
Verified
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