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A bank currently owns a municipal bond paying a tax-exempt rate of 3.32 percent. If the banks marginal tax rate is 20 percent, what is
A bank currently owns a municipal bond paying a tax-exempt rate of 3.32 percent. If the banks marginal tax rate is 20 percent, what is the taxable equivalent yield?
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Retail Investor In Focus The Indian IPO Experience
Authors: Parimala Veluvali
1st Edition
3030127559,3030127567
