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Business, 17.04.2020 04:55 johnandashley5p65r4a

Assume that Juanita is indifferent between investing in a corporate bond that pays 12.00 percent interest and a stock with no growth potential that pays a 8.10 percent dividend yield. Assume that the tax rate on dividends is 15 percent. What is Juanita's marginal tax rate?

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