Considering the purchase of municipal bond as investment

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You are considering the purchase of a municipal bond as an investment. The bond pays a yield of 5.75 percent.

-Calculate the tax equivalent yield if your marginal tax rate is 28 percent.

-Calculate the tax equivalent yield if your marginal tax rate is 21 percent.

-Calculate the tax equivalent yield if your marginal tax rate is 15 percent.

Reference no: EM131575797

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