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A taxable corporate issue yields 6 . 5 percent. For an investor in a tax bracket of 3 5 percent, what is the equivalent after

A taxable corporate issue yields 6.5 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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