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assume that Keisha marginal tax rate is 40% and her tax rate on dividends is 20%. if a city of Atlanta bond pays 8.48% interest,

assume that Keisha marginal tax rate is 40% and her tax rate on dividends is 20%. if a city of Atlanta bond pays 8.48% interest, what dividend yield would a dividend - paying stochastic (with no growth potential ) have to offer for Keisha to be indifferent between the two investment from a cash - flow perspective?

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