A bank is considering two securities a 30 year Treasury bond yielding 5 percent, and a 30-year manicipal bond yielding 4 percent out the bank's tax rate is 30 percent, calculate the Treasury bond's tax equivalent yield. (Round your answer to 1 decimal place. (eg.. b. Which bond offers the higher tax equivalent yield? 2.51 Tox equivalent yield Taxequivalent yield D