Question: multiple choice! please help! Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.50 percent for

multiple choice! please help!

Taxable Equivalent Yield What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.50 percent for an investor in the 25 percent marginal tax bracket? (Round your answer to 2 decimal places.) Multiple Choice 1.63% 6.50% 26.00% 8.67%

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