Mr g has 1500 to invest he is undecided about putting the

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Mr. G has $15,00 to invest. He is undecided about putting the money into a tax exempt municipal bonds paying 7% annual interest or corporate bonds paying 9.5% annual interest. The two investments have the same risk.
Which investment should Mr. G make if the marginal tax rate is 33%?

Reference no: EM13591573

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