Assume taxable bond yields 825 percent and a comparable
Assume taxable bond yields 8.25 percent and a comparable municipal bond yields 6.85 percent. At what tax rate would an investor be indifferent between the bonds?
18.31%
16.97%
20.44%
12.41%
15.65%
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assume taxable bond yields 825 percent and a comparable municipal bond yields 685 percent at what tax rate would an
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