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A. 59.20%B. 15.24%C. 9.60%D. 6.05%E. None Assume that John's marginal tax rate is 37 percent If a city of Austin bond pays 9.60 percent interest,

A. 59.20%B. 15.24%C. 9.60%D. 6.05%E. None

Assume that John's marginal tax rate is 37 percent If a city of Austin bond pays 9.60 percent interest, what interest rate would a corporate bond have to offer for John to be indifferent between the two bonds

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