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A municipal bond has a coupon rate of 5.86 percent and a YTM of 5.55 percent. If an investor has a marginal tax rate of

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A municipal bond has a coupon rate of 5.86 percent and a YTM of 5.55 percent. If an investor has a marginal tax rate of 30 percent, what is the equivalent pretax yield on a taxable bond? Select one: 06.02% O 3.89% O 8.37% O 7.93% 4.10%

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