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Personal After-Tax Yield Corporate bonds issued by Johnson Corporation currently yield 10.0%. Municipal bonds of equal risk currently yield 7.5%. At what personal tax rate

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Personal After-Tax Yield Corporate bonds issued by Johnson Corporation currently yield 10.0%. Municipal bonds of equal risk currently yield 7.5%. At what personal tax rate would an investor be indifferent between these two bonds? Round your answer to two decimal places. O %

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