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Assume Vandell, an individual taxpayer, is in a 2 2 percent tax bracket. He invests in Otay Mesa Water District Bonds that pay 4 .

Assume Vandell, an individual taxpayer, is in a 22 percent tax bracket. He invests in Otay Mesa Water District Bonds that pay 4.5 percent interest. What interest on a taxable bond would provide the same after-tax return to Vandell?Enter your answer as a percentage, rounded to two decimal places.fill in the blank 1 of 1%

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