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corporate bonds issued by Johnson corporation currently yield 11%. Municipal bonds of equal rates currently yield 7.5%. At what personal tax rate would an investor
corporate bonds issued by Johnson corporation currently yield 11%. Municipal bonds of equal rates currently yield 7.5%. At what personal tax rate would an investor be in different between these two bonds? Round your answer to two decimal places.
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New Issues In Financial Institutions Management
Authors: F Fiordelisi, P Molyneux, D Previati
2010th Edition
0230278108, 978-0230278103
