Multiple Choice
As a taxpayer,in order for you to be indifferent between the after tax returns on a corporate bond paying 8.5% and a tax-exempt municipal bond paying 6.12%,what would your tax bracket need to be?
A) 33%
B) 72%
C) 15%
D) 28%
E) Cannot tell from the information given
Correct Answer:

Verified
Correct Answer:
Verified
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