Multiple Choice
Assume that Javier is indifferent between investing in a city of El Paso bond that pays5% interest and a corporate bond that pays 6.25% interest. What is Javier's marginal tax rate?
A) 40%.
B) 50%.
C) 20%.
D) 30%.
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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