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There is no difference between the after tax yield of AA rated, 10 years, 12.5% coupon rate corporate bond and a A rated, 12 years,10%

There is no difference between the after tax yield of AA rated, 10 years, 12.5% coupon rate corporate bond and a A rated, 12 years,10% coupon rate if your marginal tax rate is

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12.5%

10%

80%

not enough data to answer

60%

20%

the corporate bonds after tax yield will always be greater

2%

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