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Municipal bonds are yielding 4.4% if they are insured and 4.7% if they are uninsured. Your marginal tax rate is 28%. Your equivalent taxable yield
Municipal bonds are yielding 4.4% if they are insured and 4.7% if they are uninsured. Your marginal tax rate is 28%. Your equivalent taxable yield on the insured bonds is ________% and on the uninsured bonds is ________ %.
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