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What is the primary difference between an in-state 4.2% YTM Revenue Municipal Bond, a 2.65% YTM...

What is the primary difference between an in-state 4.2% YTM Revenue Municipal Bond, a 2.65% YTM U.S. T-Note, and a BB-Rated 6.72% YTM Corporate Debenture (assuming each has 8 years to maturity and Muni uses a tax-equivalent yield) in terms of tax treatment of coupon interest and default risk (how each is collateralized)…assuming a marginal tax rate of 28%?

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4- 2-Y In state yum Miguel Boud Ym us 2.657 BB Rated 6.72 Maquinny Tax rate = 28%, life= 8 years. ter the face Value be loo.BB Rafrodytom 100X 6.7244 to operate forbrenture ir +67244-84 vs + Too (176-72.1,99*par 11 6.72 6.037 100 00594 3169.46 11-0.

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