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Taxable Equivalent Yield Whats the equivalent taxable yield on a municipal bond with a yield to maturity of 4.0 percent for an investor in the

Taxable Equivalent Yield Whats the equivalent taxable yield on a municipal bond with a yield to maturity of 4.0 percent for an investor in the 20 percent marginal tax bracket? Equivalent taxable yield = Muni Yield/(1 tax rate)

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