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5) A taxable bond has a coupon rate of 5.05 percent and a YTM of 5.37 percent. If an investor has a marginal tax rate

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5) A taxable bond has a coupon rate of 5.05 percent and a YTM of 5.37 percent. If an investor has a marginal tax rate of 28 percent, what isthe equivalent aftertax yield? A) B) C) D) E) 7.01% 3.64% 7.46% 3.87% 5.55%

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