Investor in the marginal tax bracket

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What’s the taxable equivalent yield on a municipal bond with a yield to maturity of 3.5 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)

Reference no: EM131055221

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Investor in the marginal tax bracket : What’s the taxable equivalent yield on a municipal bond with a yield to maturity of 3.5 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)
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