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Hugh has twe choice botwean atvesting in a Cly of Hefin bond at 5 porcent of o Surothing bond. Assuming that boon bonds havo the

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Hugh has twe choice botwean atvesting in a Cly of Hefin bond at 5 porcent of o Surothing bond. Assuming that boon bonds havo the same nontax charactoristics and that Huigh has a 35 porcent tharyinal tax rate. What interest rade does. Sutething, Inc. need to offer to moke Hugh inditlerent botweec investing in the two bonds

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