The current selling price of the municipal bonds available to bond holders is used to calculate
Correct answer: B. yield to municipal bonds
- A. yield to income tax
- B. yield to municipal bonds
- C. yield to tax rate
- D. yield to revenue bonds
Explanation
A municipal bond's current selling price is used when determining its market yield, described here as the yield to municipal bonds. The other choices are not standard yield measures for municipal securities.
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