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An investor in a 20% tax bracket is evaluating a municipal bond that earns a 19% rate of return. The taxable equivalent yield of this

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An investor in a 20% tax bracket is evaluating a municipal bond that earns a 19% rate of return. The taxable equivalent yield of this municipal bond is ? Important: Please state your answer as percentage (i.e. 5.21 and not 0.05). Do not include the \% symbol. Round your answer to the nearest two decimals. A T-bill quote sheet has T-bill with maturity 187 days from today. The bid is 0.19 and the ask is 0.05 . If the bill has a $10,000.00 face value, an investor could buy this bill for $ "Please state your answer rounding to the nearest two decimals. "Remember banks use Bank Discount Yield, and thus 360-basis. There is no need to convert to Bond Equivalent Yield (365-day basis). Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the

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