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A municipal security has a yield of 2.5%. at a marginal tax rate of 35%, what is the munis taxable equivalent yield?
A municipal security has a yield of 2.5%. at a marginal tax rate of 35%, what is the munis taxable equivalent yield?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
