If your tax rate is 40 what interest rate do you earn in


1. If your tax rate is 40%, what interest rate do you earn in after-tax terms if the before-tax interest rate is 6%?

2. On September 28, 2007, tax-exempt AAA rated 10-year muni bonds traded at a yield of 3.99%. Corporate 10-year AAA bonds traded at 5.70%. What was the marginal investor's tax rate?

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Financial Management: If your tax rate is 40 what interest rate do you earn in
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