Answered: With a 28% marginal tax rate, would a…

With a 28% marginal tax rate, would a tax free yield of 7% or taxable yeild of 9.5% give you a better return on your savings? why?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter1: Federal Income Taxation—an Overview

Section: Chapter Questions

Problem 28DQ

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With a 28% marginal tax rate, would a tax free yield of 7% or taxable yeild of 9.5% give you a better return on your savings? why?

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