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Problem 4 Intro Your marginal tax rate (federal and state combined) is 32%. The yield to maturity on a corporate bond is 3.2%. Part 1

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Problem 4 Intro Your marginal tax rate (federal and state combined) is 32%. The yield to maturity on a corporate bond is 3.2%. Part 1 - Attempt 1/2 for 10 pts. What yield must be offered by an in-state municipal bond to make you indifferent? 4+ decimals Submit

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