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dmitriy555 [2]
3 years ago
10

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?
Law
1 answer:
qaws [65]3 years ago
3 0

Answer:

Explanation:2 and one half per cent

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