Use capital markets research cmr to explain the reaction of


1. Use Capital Markets Research (CMR) to explain the reaction of Amazon’s shareholders to Amazon’s earnings announcement.

2. A 7-year municipal bond yields 4.8%. Your marginal tax rate (including state and federal taxes) is 31.00%. What interest rate on a 7-year corporate bond of equal risk would provide you with the same after-tax return? (Round your final answer to two decimal places.)

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Financial Management: Use capital markets research cmr to explain the reaction of
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