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Group 3 What is the tax-equivalent yield of the following municipal bond? Price: $1,000 Coupon Rate: 7.0% Federal tax rate: 30% Maturity: 15 years 1.)

Group 3 What is the tax-equivalent yield of the following municipal bond? Price: $1,000 Coupon Rate: 7.0% Federal tax rate: 30% Maturity: 15 years 1.) find recip

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