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#11 UU700000, TaxTate 4070. VVnat is the tGA laDmty! 11) Municipal rate is 5.8% vs. corporate rate of 9.4%. What tax rate equates both bond
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UU700000, TaxTate 4070. VVnat is the tGA laDmty! 11) Municipal rate is 5.8% vs. corporate rate of 9.4%. What tax rate equates both bond investments? Use this formula for # 11: 1-(Municipal Rate/Corporate Rate) Step by Step Solution
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