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What is the tax equivalent yield for a NY State Port Authority Muni Bond based on the givens: 1. NY State Resident 2. Fixes Taxes

image text in transcribed What is the tax equivalent yield for a NY State Port Authority Muni Bond based on the givens: 1. NY State Resident 2. Fixes Taxes as an Individual 3. Annual compensation $225,000 4. Bond Purchase Price $110 5. Bond Face Value (Par) $100 6. Coupon $6 Define Risk-Free Rate. What \% do you assign as a risk-free rate? Explain Complete the equation: Nominal Inflation = Real Inflation +

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