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Assume That Javier Is Indifferent Between Investing in a City

Question 99

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 these

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