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A corporate bond pays 5.5 percent interest. You are in the 22 percent tax bracket. What is your after-tax yield on this bond? O 9.78

A corporate bond pays 5.5 percent interest. You are in the 22 percent tax bracket. What is your after-tax yield on this bond? O 9.78 percent 8.35 percent None of the answers is correct. O 1.28 percent 2.23 percent

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