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13. Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.25 percent for an investor in

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13. Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.25 percent for an investor in the 25 percent marginal tax bracket? (Round your answer to 2 decimal places.) 8.33% 25 00% O 6.25% O 1.56%

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