What is the minimum rate the taxable corporate bonds

Reference no: EM131010623

Now after a few years, Terry retired and is in a 15% tax bracket. He had invested in the hospital bonds at 8%, but is wondering if he might be better holding the corporate bonds that are still earning 10%. What is the minimum rate the taxable corporate bonds can pay for Terry to benefit by switching to them?

Reference no: EM131010623

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