Calculate the? after-tax return

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Calculate the? after-tax return of a 11.36 ?percent, 20-year,? A-rated corporate bond for an investor in the 10 percent marginal tax bracket. Compare this yield to a 10.15 ?percent, 20-year,? A-rated, tax-exempt municipal bond and explain which alternative is better. Repeat the calculations and comparison for an investor in the 35 percent marginal tax bracket.

Reference no: EM132775990

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