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A bank is considering an investment in a municipal security that offers a yield of 6 percent. What is this securitys tax equivalent yield if
A bank is considering an investment in a municipal security that offers a yield of 6 percent. What is this securitys tax equivalent yield if the banks tax rate is 35 percent?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
