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Book Reports
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Investment grade above BBB-
- Municipal Bonds: Issued by state and local governments
o Free from federal taxation and usually taxes in the state of issue.
o Best for investors in higher tax brackets (usually 25% and above).
o Some municipal bonds may be subject to the Alternative Minimum Tax
o Tax Equivalent Yield Calculator:
? http://www...
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Investment grade above BBB-
- Municipal Bonds: Issued by state and local governments
o Free from federal taxation and usually taxes in the state of issue.
o Best for investors in higher tax brackets (usually 25% and above).
o Some municipal bonds may be subject to the Alternative Minimum Tax
o Tax Equivalent Yield Calculator:
? http://www...
Essay fragment
General points of the essay
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