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6.67 points Salpped Problem 7-15 Taxable Equivalent Yield (LG7-6) What's the taxable equivalent yield on a municipal bond with a yield to maturity of

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6.67 points Salpped Problem 7-15 Taxable Equivalent Yield (LG7-6) What's the taxable equivalent yield on a municipal bond with a yield to maturity of 4.7 percent for an investor in the 33 percent marginal tax bracket? (Round your answer to 2 decimal places.) ellook 4 Taxable equivalent yield

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