The? after-tax return on the corporate bond when tax rate

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Based on the? after-tax returns, at what federal tax rate? (as shown in Chapter? 4) is an investor better off choosing a? tax-exempt 4.96 percent municipal bond over a taxable 7.11 percent corporate? bond?

Question - The? after-tax return on the corporate bond when the tax rate is? 10% is ? ?%. ?(Round to two decimal? places.)

Reference no: EM131896943

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