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QUESTION 1 A bond issued by the State of Pennsylvania provides a 4.25% yield. What yield on a Synthetic Chemical Company bond would cause the
QUESTION 1 A bond issued by the State of Pennsylvania provides a 4.25% yield. What yield on a Synthetic Chemical Company bond would cause the two bonds to provide the same after-tax rate of return to an investor in the 35.00% tax bracket? a. 8.11% b. 5.43% c. 6.54% d. 7.19% e. 7.98%
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