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Nick is the owner of a bond currently yielding 6.25%. He is in the 28% marginal income tax bracket. What is the after-tax yield of
Nick is the owner of a bond currently yielding 6.25%. He is in the 28% marginal income tax bracket. What is the after-tax yield of the bond? A) 4.50% B) 4.11% C) 13.68% D) 2.55%
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