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emnt A firm is considering a municipal security offering a tax-exempt yield of 2.5%. What is the muni's taxable equivalent yield assuming a tax rate

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emnt A firm is considering a municipal security offering a tax-exempt yield of 2.5%. What is the muni's taxable equivalent yield assuming a tax rate of 35% Select one: a. 4.29% 06.3,84% C10% 0.3.67% e. 2.96%

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