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Part H:Iris is in a 37% marginal federal income tax bracket. If Iriscan earn 3% by investing in a tax-exempt municipal bond, what isher taxable

Part H:Iris is in a 37% marginal federal income tax bracket. If Iriscan earn 3% by investing in a tax-exempt municipal bond, what isher taxable equivalent yield?a)2.01%b)4.76%c)8.11%d)2.19% 2 answers

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