Business, 05.09.2019 18:30 tonimgreen17p6vqjq

James invests $100,000 in a city of athens bond that pays 8% interest. alternatively, james could have invested the $100,000 in a bond recently issued by hightech, inc. that pays 10% interest with similar risk as the city of athens bond. assume that james’s marginal tax rate is 25%. which bond should james should choose and why?

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James invests $100,000 in a city of athens bond that pays 8% interest. alternatively, james could ha...

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