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A taxable corporate bond currently yields at 8 . 7 % and a municipal bond of similar maturity and risk is yielding 6 . 2

A taxable corporate bond currently yields at 8.7% and a municipal bond of similar maturity and risk is yielding 6.2%. What is the break even rate at which an investor would be indifferent between the two?
A.26.49%
B.33.12%
C.24.33%
D.28.74%
E.30.28%

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