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6 7 What is the tax exempt equivalent yield on a 9% bond yield given a marginal tax rate of 28%? Select one: a. 7.25%

6 7 What is the tax exempt equivalent yield on a 9% bond yield given a marginal tax rate of 28%? Select one: a. 7.25% b. 9% c. 6.48% d. 8.02%

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