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In order for you to be indifferent between the after-tax returns on a taxable corporate bond paying 9% and a tax-exempt municipal bond paying 5.85%,
In order for you to be indifferent between the after-tax returns on a taxable corporate bond paying 9% and a tax-exempt municipal bond paying 5.85%, what would your (marginal) tax bracket need to be? O 40% 30% O 45% 35%
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