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A client in the 30% marginal tax bracket is evaluating a municipal bond that offers a 4.25% yield to maturity. What is the Municipal Bond

A client in the 30% marginal tax bracket is evaluating a municipal bond that offers a 4.25% yield to maturity. What is the Municipal Bond Equivalent Taxable % Yield ?

		3.30%
		5.50%
		6.70%
		6.07%
		4.30%

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