At what point would an investor be indifferent between a


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At what point would an investor be indifferent between a Bridgford corporate bond yielding 8.0 percent and a tax-free municipal bond of equal financial strength if the investor's marginal tax rate is 25 percent? (What would the equivilent Muni bond yield be at the point of indifference?)

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Financial Management: At what point would an investor be indifferent between a
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