MC The break-even tax rate between a taxable c... 13 The break-even tax rate between a taxable corporate bond yielding 7 percent and a comparable nontaxable municipal bond yielding 5 percent can be expressed as: 1 points Multiple Choice References 0.05*(1 + 11 = 0.07. 0.07+(1-1) -0.05. 0.05 - (1 - 1) = 0.07. 0.05/(1 t) = 0.07. U 0.05 (1-1=0.07