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The yield of a tax-free municipal bond is 3.8%. What is your equivalent taxable yield if you are in the 30% tax bracket? 5.43% 3.8%
The yield of a tax-free municipal bond is 3.8%. What is your equivalent taxable yield if you are in the 30% tax bracket? 5.43% 3.8% 2.66% 4.5% None of the above
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