Question: ( Exam question ) If a 5 year US Treasury note currently yields 5 % and similar out of state maturity municipal bond yield is

(Exam question) If a 5 year US Treasury note currently yields 5% and similar out of state maturity municipal bond yield is 4.13%, what is the lowest marginal federal tax rate that would make you indifferent on which bond to purchase?
20%
23%
17%
14%
(Exam question) If a 5 year US Treasury note currently yields

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