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A municipal bond has a coupon rate of 526 percent and a YTM of 5.51 percent. If an investor has a marginal tax rate of

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A municipal bond has a coupon rate of 526 percent and a YTM of 5.51 percent. If an investor has a marginal tax rate of 39 percent, what YTM would a taxable bond have to offer to be just as good for the investor? Mulvple Choice 3218 None of these is correct

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