Multiple Choice
Assume that Javier is indifferent between investing in a city of El Paso bond that pays 3 percent interest and a corporate bond that pays 4.3 percent interest. What is Javier's marginal tax rate?
A) 86.66 percent
B) 50.23 percent
C) 40.23 percent
D) 30.23 percent
E) None of the choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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