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QUESTION 5 Suppose an investor in with a 37% tax rate is considering buying a municipal bond with a yield of 3.996. What is the

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QUESTION 5 Suppose an investor in with a 37% tax rate is considering buying a municipal bond with a yield of 3.996. What is the taxable equivalent yield on the municipal bond? (If your answer is 5.2596, enter 5.25.)

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