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Calculate the taxable equivalent bond yield of a municipal bond with an interest rate of 9% for an investor in the 40% tax bracket. 12.6%
Calculate the taxable equivalent bond yield of a municipal bond with an interest rate of 9% for an investor in the 40% tax bracket.
| 12.6% |
| 15.0% |
| 6.4% |
| 9.0% |
| 31.0% |
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