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Business, 23.08.2020 01:01 bknycfl3951

A 5.5%, 20-year municipal bond is currently priced to yield 7.2%. For a taxpayer in the 33% marginal tax bracket, this bond would offer an equivalent taxable yield of:. A) 8.2000.
B) 10.75%.
C) 11.40%.
D) 4.82%.

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