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An investor in the 45% marginal tax bracket after President Joe Biden raised income tax rates is looking to reduce her income taxes. She is

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An investor in the 45% marginal tax bracket after President Joe Biden raised income tax rates is looking to reduce her income taxes. She is considering investing in a tax-exempt municipal bond that offers a yield of 3.00%. What is the investor's equivalent taxable yield of this municipal bond? 6.67% 3.00% 1.35% 4.45%

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