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Suppose you invest in a municipal bond that pays a yield of 5%. If your marginal tax is 23%, what is the equivalent yield on

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Suppose you invest in a municipal bond that pays a yield of 5%. If your marginal tax is 23%, what is the equivalent yield on the taxable bond? (write your answer in percentage and round it to 2 decimal places) estion 11 Which of the following money market securities is backed by specified collateral? O negotiable CDs O banker's acceptances O repurchase agreements O commercial paper

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