Question: & Moving to another question will save this response Question 13 of 27 stion 13. 2 points Suppose you invest in a municipal bond that

& Moving to another question will save this response Question 13 of 27 stion 13. 2 points Suppose you invest in a municipal bond that pays a yield of 16% If your marginal tax is 28%, what is the equivalent yield on the taxable bond? (write your answer in percentage and round it to 2 decimal places)

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