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What is the income tax rate you paid from investing in a one-year bond if you were promised a 10.00% yield and only paid at

What is the income tax rate you paid from investing in a one-year bond if you were promised a 10.00% yield and only paid at the end of the term a 7.00% yield?

Hint: Apply the formula Yat = Ybt (1 Tx) and solve for Tx.

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