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Assume that Keisha's marginal tax rate is 3 7 percent and her tax rate on dividends is 2 5 percent. If a city of Atlanta

Assume that Keisha's marginal tax rate is 37 percent and her tax rate on dividends is 25 percent. If a city of Atlanta bond pays 7.5 percent interest, what dividend yield would a dividend-paying stock (with no growth potential) have to offer for Keisha to be indifferent between the two investments from a cash-flow perspective?
Multiple Choice
25.00 percent
11.00 percent
10.00 percent
7.50 percent
None of the choices are correct.
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