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Law, 22.10.2019 04:50 lillovecandy

A5-year corporate bond yields 9%. a 5-year municipal bond of equal risk yields 6.5%. assume that the state tax rate is zero. at what federal tax rate are you indifferent between the two bonds?

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A5-year corporate bond yields 9%. a 5-year municipal bond of equal risk yields 6.5%. assume that the...
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