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A muni pays a 6.05% annual return. If your marginal tax rate is 28%, what is the tax equivalent yield? (Note this is not the

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A muni pays a 6.05% annual return. If your marginal tax rate is 28%, what is the tax equivalent yield? (Note this is not the after-tax yield, but rather the other one I showed you.) Answer in percent to 2 decimal places. Omit the percent sign. Assume you pay no taxes on the municipal bond

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