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ebook A municipal bond has a coupon rate of 5.23 percent and a YTM of 5.49 percent. If an investor has a marginal tax rate
ebook A municipal bond has a coupon rate of 5.23 percent and a YTM of 5.49 percent. If an investor has a marginal tax rate of 35 percent, what i is the equivalent pretax yield on a taxable bond? Multiple Choice 8.45% 3.40% 3.57% < Prev 5 of 48 Next >
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