A client in the $35$ percent marginal tax bracket is comparing a municipal bond that offers a $5\mathrm{.}20$ percent to maturity and a similar$-$ risk corporate bond that offers a $6\mathrm{.}80$ percent Determine the equivalent taxable yield. $($ Round your answer to $2$ decimal places.$)$ Equivalent taxable Which bond will give the client more profit after taxes? municipal bond corporate bond