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Problem 18-14 Tax Equivalent Yields (LO3, CFA2) A taxable corporate issue yields 5.2 percent. For an investor in a tax bracket of 35 percent, what

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Problem 18-14 Tax Equivalent Yields (LO3, CFA2) A taxable corporate issue yields 5.2 percent. For an investor in a tax bracket of 35 percent, what is the equivalent after tax yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Aftertax yield

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