Suppose that the interest rate on a taxable corporate bond
Suppose that the interest rate on a taxable corporate bond is 5.20 percent and that your marginal tax rate is 32 percent. Suppose a tax free municipal bond with a rate of 3.45 percent is available. Which security would you choose?
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suppose that the interest rate on a taxable corporate bond is 520 percent and that your marginal tax rate is 32 percent
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