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A bond has a coupon rate of 6.10 percent and a YTM of 5.71 percent. If an investor has a marginal tax rate of 30

A bond has a coupon rate of 6.10 percent and a YTM of 5.71 percent. If an investor has a marginal tax rate of 30 percent, what YTM would taxable bond have to offer to be just as good for the investor ?

4.00% 4.27% None of these is correct. 8.71% 6.21%

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