Business, 19.03.2021 06:20 studybug6170

A municipal bond has yield to maturity of 4.83 percent. An investor with a marginal tax rate of 35 percent is indifferent between this municipal bond and an otherwise identical taxable corporate bond. What is the yield to maturity of the corporate bond

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A municipal bond has yield to maturity of 4.83 percent. An investor with a marginal tax rate of 35 p...

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