7. If the municipal bond rate is 4.25% and the corpo- rate Oond rate is what is...

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7. If the municipal bond rate is 4.25% and the corpo-

rate Oond rate is what is the marginal tax rate, assuming investors are indifferent between the two bOnds?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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