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QUESTION 2 Suppose your combined tax bracket is 16%. A taxable bond yields 6% and a tax free municipal bond yields 4%. What is the

QUESTION 2 Suppose your combined tax bracket is 16%. A taxable bond yields 6% and a tax free municipal bond yields 4%. What is the equivalent taxable yield of the 4% tax-free yield? (Note: present your answer in percentage points)

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