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Jack has the opportunity to invest in a state bond from the state of NY or corporate bond from Corporation paying 7.5% interest. Assuming the
Jack has the opportunity to invest in a state bond from the state of NY or corporate bond from Corporation paying 7.5% interest. Assuming the risk is the same, how much interest would the state of NY need to charge for Jack to be indifferent, if he were in a 24% tax bracket?
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Inventory Best Practices
Authors: Steven M. Bragg
2nd Edition
1118000749, 9781118000748
