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Suppose an investors tax bracket is 20%. What is the equivalent taxable yield of the 4% tax-free yield? a. 20% b. 5% c. 15% d.
Suppose an investors tax bracket is 20%. What is the equivalent taxable yield of the 4% tax-free yield?
a. 20%
b. 5%
c. 15%
d. 6%
please answer!
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