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9. A municipal bond you are considering as an investment currently pays a yield of 6.75 percent. ( LG62 ) a. Calculate the tax equivalent

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9. A municipal bond you are considering as an investment currently pays a yield of 6.75 percent. ( LG62 ) a. Calculate the tax equivalent yield if your marginal tax rate is 28 percent. b. Calculate the tax equivalent yield if your marginal tax rate is 21 percent

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