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What is the Equivalent Taxable Yield for a State of Colorado Tax-Exempt Bond paying an interest rate of 3.60% and a total Tax Rate of

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What is the Equivalent Taxable Yield for a State of Colorado Tax-Exempt Bond paying an interest rate of 3.60% and a total Tax Rate of 34%? 0 3.60%. 10.59% O 1.22% O 5.45%

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