Question: Problem 7 - 8 Taxable Equivalent Yield ( LG 7 - 6 ) What's the taxable equivalent yield on a municipal bond with a yield

Problem 7-8 Taxable Equivalent Yield (LG7-6)
What's the taxable equivalent yield on a municipal bond with a yield to maturity of 5.5 percent for an investor in the 33 percent marginal tax bracket?
Note: Round your answer to 2 decimal places.
Taxable equivalent yield
Problem 7 - 8 Taxable Equivalent Yield ( LG 7 - 6

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