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Business, 19.03.2020 21:11 valeriearras

J. Assume that you are in the 25% marginal tax bracket and that you have $5,000 to invest. You have narrowed your investment choices down to California bonds with a yield of 7% or equally risky ExxonMobil bonds with a yield of 10%. Which one should you choose and why? At what marginal tax rate would you be indifferent to the choice between California and ExxonMobil bonds?

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J. Assume that you are in the 25% marginal tax bracket and that you have $5,000 to invest. You have...
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