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A municlpal bond has a couponfate of 5.17 percent ond a YTM of 5.45 percent. If an investor bas a marginal tax fate of 28

A municlpal bond has a couponfate of 5.17 percent ond a YTM of 5.45 percent. If an investor bas a marginal tax fate of 28 percent, what is the equivalent pretax Yield on a taxabic bond? Mustithe Chicice 3720 757 78% 565 3928

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