Solution-Taxable equivalent yield on a municipal bond

Taxable equivalent yield on a municipal bond

Assignment Help Basic Computer Science

Reference no: EM131440081

What is the taxable equivalent yield on a municipal bond with a yield to maturity of 4.5 percent for an investor in the 39 percent marginal tax bracket?

a. 1.76 percent

b. 11.54 percent

c. 7.38 percent

d. 4.50 percent

Reference no: EM131440081

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Taxable equivalent yield on a municipal bond

Reference no: EM131440081

Reference no: EM131440081

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