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Old 07-15-2004, 09:21 AM   #22
Big Vern
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Join Date: May 2002
Location: Boston
Posts: 362
.75%....Nope...they have these things called muni bonds - You'd be looking at something more like at least 3% tax free. You could proably swing a coupon closer to 4% on a portfolio like that.

3.2 MM a year would be much clser to it.
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