3 Assume that John s marginal tax rate is 17 percent If a city of Austin bond pays 7 8 percent interest what interest rate would

Question

3 Assume that John s marginal tax rate is 17 percent If a city of Austin bond pays 7 8 percent interest what interest rate would a corporate bond have to offer for John to be indifferent between the two bonds 01 58 51 Multiple Choice 22 10 percent 9 40 percent 7 80 percent 6 47 percent None of the choices are correct

Kunduz · Accepted Answer

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