Question: a. (5 points) How much must a fully taxable bond yield to be comparable to a 9% muni bond if your marginal tax rate is

a. (5 points) How much must a fully taxable bond yield

a. (5 points) How much must a fully taxable bond yield to be comparable to a 9% muni bond if your marginal tax rate is 29% assuming that the bonds are of the same risk? b. (5 points) You've just found a 12 percent coupon bond on the market that sells for par value. What is the maturity on this bond

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