Assume that Marsha is indifferent between investing in a city of Destin bond that pays 6 percent interest and a corporate bond that pays 8 percent interest. What is Marsha's marginal tax rate?

A. 50 percent.
B. 20 percent.
C. 40 percent.
D. 30 percent.
E. None of the choices are correct.


Answer: E

Business

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