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v 10 points A bank currenty owns a municipal bond paying a tax- empt rate of 4,05%. It the bank's marginal tax rate is 30%,

10 points A bank currenty owns a municipal bond paying a tax- empt rate of 4,05%. It the bank's marginal tax rate is 30%, what is the table equivalent yield7 Submit your final anwer as a percentage founded to two decimal places (Ex. 0.00%)

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