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2. A corporate bond issued by Delta is priced to yield 6.00%. If you are in a 24% tax bracket what is the bonds equivalent

2. A corporate bond issued by Delta is priced to yield 6.00%. If you are in a 24% tax bracket what is the bonds equivalent tax-exempt yield (i.e. what tax-exempt bond yield would you be just as happy with compared to the taxable 6% yield of Deltas bond)?

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