Question: I'm confused by this? Help Save & Exit Sub Assume that John's marginal tax rate is 37 percent. If a city of Austin bond pays

I'm confused by this?

Help Save & Exit Sub Assume that John's marginal tax rate is 37 percent. If a city of Austin bond pays 4.5 percent interest, what interest rate would a corporate bond have to offer for John to be indifferent between the two bonds? Multiple Choice O 27.75 percent O 714 percent O 4.50 percent 2 84 nerrent

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