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A taxable corporate bond currently yields at 9% and a municipal bond of similar maturity and risk is yielding 6.8%. What is the break even

A taxable corporate bond currently yields at 9% and a municipal bond of similar maturity and risk is yielding 6.8%. What is the break even rate at which an investor would be indifferent between the two? 22.66% B 23.18% (C) 24.44% (D) 25.71% (E) 25.92%

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