Question: Can I get it solved step by step please Consider a 30-year U.S. municipal bond with 25 years left to maturity. The bond carries an

Can I get it solved step by step please

Consider a 30-year U.S. municipal bond with 25 years left to maturity. The bond carries an 6.5 percent coupon and is priced at $985? What is the after-tax yield to maturity for an investor with a 30 percent marginal tax rate?

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