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A)Suppose you invest in a municipal bond that pays a yield of 12%. If your marginal tax is 20%, what is the equivalent yield on

A)Suppose you invest in a municipal bond that pays a yield of 12%. If your marginal tax is 20%, what is the equivalent yield on the taxable bond? (write your answer in partage et count it to 2 decimal places) -


B)  Suppose you invest in a municipal bond that pays a yield of 13%. If your marginal tax is 20%, what is the equivalent yield on the taxable bond? (write your answer in partage et count it to 2 decimal places)

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