3. Using the formula presented in this section, calculate the taxable equivalent yield for a tax-free bond

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3. Using the formula presented in this section, calculate the taxable equivalent yield for a tax-free bond that pays 3.5 percent for a taxpayer in a 33 percent tax bracket

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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