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A taxable bond has a coupon rate of 6.01 percent and a YTM of 5.65 percent. If an investor has a marginal tax rate of

A taxable bond has a coupon rate of 6.01 percent and a YTM of 5.65 percent. If an investor has a marginal tax rate of 35 percent, What YTM on a municipal bond would be just as good for the investor? Mutriple cholce 8.694 9.25% 3.67 3.918 6.30%

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