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Business, 16.07.2019 04:10 sarahholt517

Hugh has the choice between investing in a city of heflin bond at 6 percent or investing in a surething bond at 9 percent. assuming that both bonds have the same nontax characteristics and that hugh has a 40 percent marginal tax rate, what interest rate does surething inc., need to offer to make hugh indifferent between investing in the two bonds?

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Hugh has the choice between investing in a city of heflin bond at 6 percent or investing in a sureth...

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