Question: A taxable issue yields 5 . 5 percent, and a similar municipal issue yields 4 percent. What is the critical marginal tax rate? Note: Do

A taxable issue yields 5.5 percent, and a similar municipal issue yields 4 percent. What is the critical marginal tax rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Critical marginal tax rate
A taxable issue yields 5.5 percent, and a similar municipal issue

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