If the municipal bond rate is 4.25% and the corporate bond rate is 6.25%, what is the

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If the municipal bond rate is 4.25% and the corporate bond rate is 6.25%, what is the marginal tax rate, assuming investors are indifferent between the two bonds?

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Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: Nov 12, 2012 01:11 AM

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If the municipal bond rate is 4.25% and the corporate bond rate is 6.25%, what is the

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Financial Markets And Institutions

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