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A taxable bond has a coupon rate of 4.96 percent and a YTM of 5.31 percent. If an investor has a marginal tax rate of

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A taxable bond has a coupon rate of 4.96 percent and a YTM of 5.31 percent. If an investor has a marginal tax rate of 30 percent, what is the equivalent aftertax yield? Multiple Choice 7.09% 759% 3.47% 372% 5.53%

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