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An investor with a marginal tax rate of 35% is choosing between investing in a municipal bond offering a yield 9.5% and a corporate bond
- An investor with a marginal tax rate of 35% is choosing between investing in a municipal bond offering a yield 9.5% and a corporate bond with similar risk. What is the minimum yield the corporate bond must offer for the investor to choose it?
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An Introduction To Personal Finance
Authors: Anne Marie Ward
2nd Edition
1907214267, 978-1907214264
