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A taxable issue yields 6 . 4 percent, and a similar municipal issue yields 4 . 7 percent. What is the critical marginal tax rate?

A taxable issue yields 6.4 percent, and a similar municipal issue yields 4.7 percent. What is the critical marginal tax rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Critical marginal tax rate
%
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