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Please calculate the equivalent taxable yield to taxpayers in a 25% combined tax bracket for a municipal bond that has a tax-free rate of 8%.
Please calculate the equivalent taxable yield to taxpayers in a 25% combined tax bracket for a municipal bond that has a tax-free rate of 8%. (Round your answer to two decimal places.)
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Options Futures And Other Derivatives
Authors: John C. Hull
8th Edition
0132164949, 9780132164948
