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Assume that Shavonne's marginal tax rate is 50% and her tax rate on dividends is 10%. If a corporate bond pays 8.4% interest, what dividend

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Assume that Shavonne's marginal tax rate is 50% and her tax rate on dividends is 10%. If a corporate bond pays 8.4% interest, what dividend yield would a dividend-paying stock (with no growth potential) have to offer for Shavonne to be indifferent between the two investments from a cash-flow perspective? Multiple Choice 4.67% 5.67% 8.40% 10.00% None of the choices are correct

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