Question: Moving to another question will save this response Question 103 Question 1 1 points Suppose you invest in a taxable corporate bond that is yielding

 Moving to another question will save this response Question 103 Question

Moving to another question will save this response Question 103 Question 1 1 points Suppose you invest in a taxable corporate bond that is yielding 12% annual interest rate. If your marginal tax is 23%, what is the after-tax or equivalent tax- exempt yield on the taxable bond? (Round your answer to 2 decimal places) Activate Windows Go to Settings to activate Windows Moving to other question will save this response

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