Probability of collection for repeat sale customers

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Reference no: EM131872093

1. Which one of the following statements typically describes the break-even probability of collection for repeat sale customers?

2. An investor has a marginal tax rate of 29 percent. For this investor a municipal bond paying 10 percent interest is equivalent to a corporate bond paying what interest (in percent)?

3. A T-bond with a $5,000 par is quoted at a bid of 102:8 and an ask of 103:21. How much money will you receive if you sell the bond?

Reference no: EM131872093

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