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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 percent interest and a stock with no growth potential that pays an percent dividend yield. Assume that the tax rate on dividends is percent. What is Jose's marginal tax rate?
Note: Do not round intermediate computations.
percent
percent
percent
percent
None of the choices are correct.
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