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A zero coupon corporate bond has a par value of $10000, a curtent price of $6000 and 8 years to maturity. If a municipal bond

A zero coupon corporate bond has a par value of $10000, a curtent price of $6000 and 8 years to maturity. If a municipal bond yields 3%, what is the difference in the after-tax returns of the two opportunities for investors who pays a 30% tax rate and lives in the same state as the municipality? Answer as percentage to one decimal sign.

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