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4. Acer Company is evaluating two equally risky investments: i. A corporate bond investment with an interest rate of 10%. ii.A City of College Station

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4. Acer Company is evaluating two equally risky investments: i. A corporate bond investment with an interest rate of 10%. ii.A City of College Station bond with an interest rate of 8%. At what tax rate would Acer have to be indifferent between the two investments? (That is, what tax rate would make the two investments equal). (20%) oor ons on OOREE

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