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Business, 18.03.2021 01:40 nick650

In order to compare the yields on municipal and corporate bonds the investor must restate the yield of either the taxable corporate bond to an after tax basis or the municipal bond to a pretax equivalent because a. such restatements are not necessary for most taxpayers b. a municipal bond is typically safer than a taxable corporate bond c. municipal bonds are tax free and investors must compare rates on an equal basis d. corporate bonds are tax free

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