Multiple Choice
Assume that Javier is indifferent between investing in a city of El Paso bond that pays 5% interest and a corporate bond that pays 6.25% interest.What is Javier's marginal tax rate?
A) 50%.
B) 40%.
C) 30%.
D) 20%.
E) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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