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Robbie Keane, who lives in Los Angeles, recently purchased a Colorado state bond with a before-tax yield of 10%. If Robbie=s federal tax rate is
Robbie Keane, who lives in Los Angeles, recently purchased a Colorado state bond with a before-tax yield of 10%. If Robbie=s federal tax rate is 32% and state tax rate is 4%, what is the after-tax yield?
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