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A bond issued by the state of New York is priced to yield 6.25%. If you are in the 28% tax bracket, this bond would

A bond issued by the state of New York is priced to yield 6.25%. If you are in the 28% tax bracket, this bond would provide you with an equivalent taxable yield of _________. Group of answer choices 4.5% 7.25% 8.68% None of the above

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