Business, 11.06.2020 19:57 janai9852

A 5-year corporate bond yields 10.70%. A 5-year municipal bond of equal risk yields 6.50%. Assume that the state tax rate is zero. At what federal tax rate are you indifferent between the two bonds? (Round your final answer to two decimal places.)

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A 5-year corporate bond yields 10.70%. A 5-year municipal bond of equal risk yields 6.50%. Assume th...

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