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A taxable bond has a coupon rate of 5.11 percent and a YTM of 541 percent. If an investor hos a marginal tax rate of

A taxable bond has a coupon rate of 5.11 percent and a YTM of 541 percent. If an investor hos a marginal tax rate of 35 percent, what YTM on a municipal bond would be just as good for the investor? Multiple Choice 3.32% 3.52% O 786 332

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