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)40 percent
C)30 percent
D)20 percent
E)None of the choices are correct.

Question

Quizplus · Accepted Answer

The Answer of 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)40 percent
C)30 percent
D)20 percent
E)None of the choices are correct.

Assume That Marsha Is Indifferent Between Investing in a City