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Assume that John's marqinal tax rate is 37 percent. If a city of Austin bond pays 11.10 percent interest, what interest rate would a corporate
Assume that John's marqinal tax rate is 37 percent. If a city of Austin bond pays 11.10 percent interest, what interest rate would a corporate bond have to offeer for John to be indifferent between the two 10 bonds? Multiple Cholce 68.45 percent 17.62 percent 11.10 percent 6.99 percent None of the cholces are correct
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