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Business, 12.07.2019 18:00 Dallas6797

Hugh has the choice between investing in a city of heflin bond at 6.60 percent investing in a surething bond at 10.00 percent. assuming that both bonds have the same nontax characteristics and that hugh has a 40 percent marginal tax rate, what interest rate does surething inc., need to offer to make hugh indifferent between investing in the two bonds?

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Hugh has the choice between investing in a city of heflin bond at 6.60 percent investing in a sureth...
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