Just solve p2

P1 solution provided

P2 (15 points). A taxable bond has a yield of 8%, and a municipal bond has a yield of 6%. If you are in a 40% tax bracket, which bond do you prefer? At what tax rate would you be indifferent between the two bonds? " P2 (15 points). A taxable bond has a yield of 8%, and a municipal bond has a yield of 6%. If you are in a 40% tax bracket, which bond do you prefer? At what tax rate would you be indifferent between the two bonds