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A bond issued by the state of Alabama is priced to yield 6 . 3 0 % . If you are in the 2 0

A bond issued by the state of Alabama is priced to yield 6.30%. If you are in the 20% tax bracket, this bond would provide you with an equivalent taxable yield of _________.
7.88%
none of these options
7.30%
5.04%

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