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In order for you to prefer a corporate bond paying 7.58% to a tax-exempt municipal bond paying 6.12%, what would be your highest marginal tax

In order for you to prefer a corporate bond paying 7.58% to a tax-exempt municipal bond paying 6.12%, what would be your highest marginal tax rate?

Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.

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