Business, 20.03.2020 16:41, jorgefrom584

Suppose your marginal income tax rate is 35%. If a corporate bond pays 10%, then the interest rate that an otherwise identical municipal bond have to pay in order for you to be indifferent between holding the corporate bond and the municipal bond is 11%. (Round your response to the nearest whole number).

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Suppose your marginal income tax rate is 35%. If a corporate bond pays 10%, then the interest rate t...