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A municipal bond has a coupon rate of 0.0725 and is trading at par. What is the equivalent taxable yield for a corporate bond with
A municipal bond has a coupon rate of 0.0725 and is trading at par. What is the equivalent taxable yield for a corporate bond with similar risk if the investor is in the 0.4 tax bracket?
Group of answer choices
0.1208
0.1362
0.1145
0.1262
0.1334
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