Tax rate would investor be indifferent between two bonds

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Reference no: EM13809595

Corporate bonds issued by Johnson Corporation currently yield 8%. Municipal bonds of equal risk currently yield 6%. At what tax rate would an investor be indifferent between these two bonds?

Reference no: EM13809595

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Tax rate would investor be indifferent between two bonds : Corporate bonds issued by Johnson Corporation currently yield 8%. Municipal bonds of equal risk currently yield 6%. At what tax rate would an investor be indifferent between these two bonds?

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