Should I buy a tax-exempt or taxable bond?
Tax-exempt
Taxable
Price
you paid (% of face value)
%
%
Face value
$
$
Coupon rate
%
%
Months until
maturity
Months until you sell bonds
Market rate
when you sell
%
Your federal tax rate
%
Your state tax rate
%
Your coupon income is
Invested elsewhere at a rate of
%
Spent