An investor with a marginal tax rate of 30 percent is interested in a tax-exempt bond with

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● An investor with a marginal tax rate of 30 percent is interested in a tax-exempt bond with a yield of 6 percent. What is the equivalent taxable yield of this bond?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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