Coolkid6055 Coolkid6055

22-10-2019
Law

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A 5-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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thunderandrain thunderandrain

22-10-2019

Answer:

Explanation:2 and one half per cent

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