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An investor is in the 25 percent federal tax bracket. For this investor a municipal bond paying 7 percent interest is equivalent to a corporate

An investor is in the 25 percent federal tax bracket. For this investor a municipal bond paying 7 percent interest is equivalent to a corporate bond paying Answer interest.

PRESENT YOUR ANSWER AS A PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DON'T USE THE PERCENTAGE SYMBOL

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