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Question 2 There are two bond investment opportunities available to you: Option 1: Municipal bond yield to maturity (return) is 4.78% Option 2: Corporate bond

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Question 2 There are two bond investment opportunities available to you: Option 1: Municipal bond yield to maturity (return) is 4.78% Option 2: Corporate bond yield to maturity (return) is 6,38% Assume your marginal tax rate is 18.49%. What is the equivalent tax-free rate for the corporate bond? Please round your answer swer to the fourth decimal. If your answer is 1.23%, you should input 0.0123 instead

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