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A taxable bond has a yield of 6%, and a municipal bond has a yield of 4%. At what tax rate would you be indifferent

A taxable bond has a yield of 6%, and a municipal bond has a yield of 4%. At what tax rate would you be indifferent between the two bonds?

A. 25%

B. 33%

C. 40%

D.50%

E. 67%

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