Question: chapter 7 question 9 Whats the taxable equivalent yield on a municipal bond with a yield to maturity of 4.8 percent for an investor in

chapter 7 question 9

Whats the taxable equivalent yield on a municipal bond with a yield to maturity of 4.8 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)

Taxable equivalent yield

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