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ia Chun is trying to calculate the taxable equivalent yield for a municipal bond. If the bond she owns pays 4 percent interest and she

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ia Chun is trying to calculate the taxable equivalent yield for a municipal bond. If the bond she owns pays 4 percent interest and she is in the 28 percent tax bracket, what is the taxable-equivalent yield (round to nearest percent)? Multiple Choice 8 percent 9 percent 6 percent

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