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Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 4.70%.
Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 4.70%. (Round your answers to 2 decimal places.) Equivalent Taxable Yield a. Zero b. 10% c. 20% d. 30%
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