A taxable bond with a coupon rate of 4.00% has a market price of 98.36% of par. The bond matures in 20.00 years ans pays semi-annually. Assume an investor has a 26.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than %

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)