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Question 28 (1 point) A Carbondale, Illinois municipal bond has a maturity date in 10 years, offers a 3% coupon rate (paid semi-annually), and is

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Question 28 (1 point) A Carbondale, Illinois municipal bond has a maturity date in 10 years, offers a 3% coupon rate (paid semi-annually), and is currently priced at $975. If bond investors face a average tax rate of 15%, what would the yield be on a corporate bond with similar characteristics

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