Question: 1 2 - 0 2 a 7 . 7 percent coupon bond issued by the state of indiana sells at par value for 1 0

12-02 a 7.7 percent coupon bond issued by the state of indiana sells at par value for 1000,. what coupon rate on a corporate bond selling at its 1000 par value would produce the same after tax return to the investor as the municipal bond

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