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A municipal bond has a coupon rate of 6.19 percent and a YTM of 5.77 percent. If an investor has a marginal tax rate of

A municipal bond has a coupon rate of 6.19 percent and a YTM of 5.77 percent. If an investor has a marginal tax rate of 38 percent, what is the equivalent pretax yield on a taxable bond? Multiple Choice 9.319 line O 9.988 o 358 6.57% 3.84% O

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