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4. What's the equivalent taxable yield on a 6 percent municipal bond for high-income investors in the 35 percent marginal tax bracket? A. 8 percent
4. What's the equivalent taxable yield on a 6 percent municipal bond for high-income investors in the 35 percent marginal tax bracket?
A. 8 percent B. 8.43 percent
C. 4.52 percent
D. 9.23 percent
9. You're thinking about buying a car. You can afford $800 in monthly payments for 3 years. If interest rates are 7 percent APR, what price of car can you afford?
A. $29,541.23
B. $28,621.18
C. $26,452.82
D. $25,909.17
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