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Question 6 Not yet answered Points out of 9.00 Flag question An investor is in the 28 percent federal tax bracket and pays a 9 percent state tax rate and 4 percent in local income taxes. For this investor a municipal bond paying 6 percent interest is equivalent to a corporate bond paying interest. Select one: O a. 11.79 percent O b. 10.17 percent O c. 9.08 percent O d. 9.68 percent O e. 8.47 percent Next page Previous page Quiz navigation Time left 1:59:42 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 FWLETT . PACKARD