What is the tax rate of investors assuming all investors, Accounting Basics

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What is the tax rate of investors assuming all investors

Question:

The interest rate on fully taxable Treasury securities is 4 percent and the interest rate on tax-free municipal bonds is 2.75 percent. What is the tax rate of investors assuming all investors have the same tax rate, no default risk, and no difference in liquidity risk?

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Accounting Basics: What is the tax rate of investors assuming all investors

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