EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 2, Problem 6PS
Summary Introduction

To examine: The reason for high-tax-bracket investors to be more inclined to invest in municipal bonds than are low-bracket investors.

Introduction:

Municipal bonds are the bonds which are tax-exempt and are issued by the state and local governments.

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Bonds Explained for Beginners | Bond Types 101; Author: TommyBryson;https://www.youtube.com/watch?v=yuKmHTgqZ5o;License: Standard Youtube License