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A bond issued by the state of Alabama is priced to yield 6.75%. If you are in the 20% tax bracket, this bond would provide

A bond issued by the state of Alabama is priced to yield 6.75%. If you are in the 20% tax bracket, this bond would provide you with an equivalent taxable yield of ______

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A bond issued by the state of Alabama is priced to yield 6.75%. If you are in the bracket, this bond would provide you with an equivalent taxable yield of Multiple Choice 5.40% O 7.75% 8.44% O none of these options

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