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Business, 02.10.2019 03:00 Jakeandjenn21

Assume that lucas' marginal tax rate is 10% and his tax rate on dividends is 5%. if a dividend-paying stock (with no growth potential) pays an 6.40% dividend yield, what interest rate would a municipal bond have to offer for lucas to be indifferent between the two investments from a cash-flow perspective?

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Assume that lucas' marginal tax rate is 10% and his tax rate on dividends is 5%. if a dividend-payin...
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