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a corporate bond yields 10.0 percent. What municipal bond rate is equivalent to the corporate rate for an investor with a 25 percent marginal tax
a corporate bond yields 10.0 percent. What municipal bond rate is equivalent to the corporate rate for an investor with a 25 percent marginal tax ratE?
- 2.50%
- 4.00%
- 5.00%
- 7.25%
- 10.25%
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
