It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.
“a municipal bond has a ytm of 3.81 percent while the ytm of a comparable taxable bond is 5.11 percent. what is the tax rate that will make an investor indifferent between the municipal bond and the taxable bond?”
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