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Assume that Marsha is indifferent between investing in a city of Destin bond that pays 4 . 0 5 percent interest and a corporate bond
Assume that Marsha is indifferent between investing in a city of Destin bond that pays percent interest and a corporate bond that pays percent interest. What is Marsha's marginal tax rate?
Note: Do not round intermediate computations.
percent
percent
percent
percent
None of the choices are correct.
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