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An investor with a 30% marginal tax rate is considering several 10 year taxable corporate bonds with YTMs of 5%. Her broker is also recommending

An investor with a 30% marginal tax rate is considering several 10 year taxable corporate bonds with YTMs of 5%. Her broker is also recommending a 10 year 3% municipal bond with a similar credit rating. What is the indifference price of the muni? (Round your answer to two decimal places)

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