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1. Given the yields on the federal tax-free municipal bonds below, what is the equivalent taxable yield for the below 5, 10 and 30 year

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1. Given the yields on the federal tax-free municipal bonds below, what is the equivalent taxable yield for the below 5, 10 and 30 year municipal bonds if the investors tax rate is 24% Maturity Yield Equivalent Taxable Yield 5.1% 10 5.8% 6.5% Now calculate the after tax yield if the above noted bonds were taxable

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