Scott E. Zakalik, CPA, P.C. - Taxable Equivalent Yield : Calculator: Taxable Equivalent Yield

Municipal bonds are sold by cities, counties, states and other political bodies (public hospital, school district).

The federal government and its agencies do not sell municipal bonds. However, most municipals are free of federal taxes. Because of this, the stated interest rate on municipals is typically lower than comparable non tax-exempt bonds.

How much would you have to receive from a taxable bond to realize an equivalent yield? You can find the answer by entering the following information:

Scott E. Zakalik, CPA, P.C.

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6605 Pittsford-Palmyra Road, Suite W-6
PO Box 180

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Fairport, NY

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14450

Phone: (585) 425-1040

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Fax: (585) 486-1234

www.sez-cpa.com

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solutions@sez-cpa.com

*Securities and investment advisory services offered through FSC Securities Corporation (FSC), Members FINRA/SIPC

and a registered investment advisor. Additional investment advisory services offered through Independent Planning

Group, Inc. (IPG), a registered investment advisor. Scott E. Zakalik, CPA, P.C. and IPG are independent of FSC.

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