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Business, 24.09.2019 01:10 proutyhaylee

Suppose you want to invest $10,000. you have two options: (1) invest in california municipal bonds with an expected rate of return of 13.00%, or (2) invest in j and k corp.’s bonds with an expected rate of return of 19.50%. assume that your decision is based on a tax perspective. if everything else is the same for both bonds, at what tax rate would you be indifferent between these two bonds?

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