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Assume that Jose is indifferent between investing in a corporate bond that pays 1 0 percent interest and a stock with no growth potential that

Assume that Jose is indifferent between investing in a corporate bond that pays 10 percent interest and a stock with no growth potential that pays an 8.3 percent dividend yield. Assume that the tax rate on dividends is 15 percent. What is Jose's marginal tax rate?
Note: Do not round intermediate computations.
44.48 percent
34.51 percent
29.45 percent
12.36 percent
None of the choices are correct.
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