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An investor who pays taxes at the 30% marginal tax rate would need to earn what coupon rate on a corporate bond similar in all

An investor who pays taxes at the 30% marginal tax rate would need to earn what coupon rate on a corporate bond similar in all respects other than taxes to a 5% coupon municipal bond: (Please use 4-decimal places, for example, if your answer is 4.23%, enter 0.0423 instead of 4.23%)

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