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A taxable bond has a coupon rate of 6.16 percent and a YTM of 5.75 percent. If an investor has a marginal tax rate of

A taxable bond has a coupon rate of 6.16 percent and a YTM of 5.75 percent. If an investor has a marginal tax rate of 39 percent, what is the equivalent aftertax yield? Multiple Choice 10.10% 9.43% 6.59% 3.76% 3.51%

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