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A tax-exempt municipal bond has a yield to maturity of 5.27%. An investor, who has a marginal tax rate of 30.00%, would prefer and an

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A tax-exempt municipal bond has a yield to maturity of 5.27\%. An investor, who has a marginal tax rate of 30.00%, would prefer and an otherwise identical taxable corporate bond if it had a yleld to maturity of more than \%. Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, \% sign required. Will accept decimal formar rounded to 4 decimal places (ex: 0.0924)) A stock just paid a dividend of $2.99. The dividend is expected to grow at 24.36% for two years and then grow at 3.44% thereafter. The required return on the stock is 13.03%. What is the value of the stock

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