Municipal Bond Taxable Interest Rate – Calculate which you s…

Municipal Bond Taxable Interest Rate – Calculate which you should choose in each instance and explain why.  Show calculations. a.  Corporate tax rate is 10%, and the rate on municipal bond is 5.6%.  Your marginal tax rate is 28%. b.  Corporate tax rate is 8%, and the rate on municipal bond is 6%.  Your marginal rate is 30%.