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A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield?

A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the

A taxable corporate issue yields 5.7 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Aftertax yield %

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