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Question 10 (10 points) A muni pays a 6.65% annual return. If your marginal tax rate is 28%, what is the tax equivalent yield? (Note

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Question 10 (10 points) A muni pays a 6.65% annual return. If your marginal tax rate is 28%, what is the tax equivalent yield? (Note this is not the after-tax yield, but rather the other one I showed you.) Answer in percent to 2 decimal places. Omit the percent sign. Assume you pay no taxes on the municipal bond. Your

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