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Chap. 15 Problems Saved 4 Assume you are in the 15 percent tax bracket and purchase a 5.60 percent, tax-exempt municipal bond. Calculate the taxable

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Chap. 15 Problems Saved 4 Assume you are in the 15 percent tax bracket and purchase a 5.60 percent, tax-exempt municipal bond. Calculate the taxable equivalent yield for this investment. (Enter your answer as a percent rounded to 2 decimal places.) 5 points Taxable equivalent yield Skipped eBook Hint Print References

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