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Business, 16.03.2020 21:33 garrettcameron12

A municipal bond has a YTM of 4.11 percent while the YTM of a comparable taxable bond is 6.16 percent. What is the tax rate that will make an investor indifferent between the municipal bond and the taxable bond

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A municipal bond has a YTM of 4.11 percent while the YTM of a comparable taxable bond is 6.16 percen...

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