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drew is going a 12 year 14 annual coupon municipal bond for 1000 also the face value of the bond is 1000. please tell me

drew is going a 12 year 14 annual coupon municipal bond for 1000 also the face value of the bond is 1000. please tell me what tbe equivalent taxable yeild is if my marginal tax bracket is 25% please keep two decimal places example would be 0.08

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