Question: I need help solving this Financial accounting question with the proper methodology. Emma is deciding between investing in a City of Brookville municipal bond yielding

I need help solving this Financial accounting question with the proper methodology.

Emma is deciding between investing in a City of Brookville municipal bond yielding 3.80% or a corporate bond issued by Apex Corp. The corporate bond is subject to taxes. Emma's marginal tax rate is 32%. What interest rate must Apex Corp. offer on its taxable bond to make Emma indifferent between the two investments

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