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Your best taxable investment opportunity has an EAR of 5.7%. Your best tax-free investment opportunity has an EAR of 2.8%. If your tax rate is
Your best taxable investment opportunity has an EAR of 5.7%. Your best tax-free investment opportunity has an EAR of 2.8%. If your tax rate is 25%, which opportunity provides the higher after-tax interest rate? The investment opportunity has the higher after-tax interest rate with %. (Select from the drop-down menu and round to one decimal place.) taxable tax-free
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