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Assume a corporate bond has the yield to maturity (YTM) of 11.2% and is taxable. Further assume that there is also a public bond that

Assume a corporate bond has the yield to maturity (YTM) of 11.2% and is taxable. Further assume that there is also a public bond that has the yield of maturity (YTM) of 8.1%. What is the marginal tax rate here?

Same facts as Question 23: which of the following will be true if the tax rate is 20.63%?

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