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Your best taxable investment opportunity has an EAR of 5.2%. Your best tax-free investment opportunity has an EAR of 2.7%. If your tax rate is

Your best taxable investment opportunity has an EAR of 5.2%. Your best tax-free investment opportunity has an EAR of 2.7%. If your tax rate is 30%, which opportunity provides the higher after-tax interest rate?

Answer: the tax free or taxable investment opportunity has the higher interest rate with ___%?

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