Question: What is the difference on the yield between the following two bonds? - a 51,000,000municipal bond with a coupon rate of 6.87 , paying interest

What is the difference on the yield between the following two bonds? - a 51,000,000municipal bond with a coupon rate of 6.87 , paying interest annually - a $1,000,000 corporate bond with a coupon rate of 11.91\% paying interest annually. Assume that you are in the 25% tax bracket. (Ihe onswer should be in percentage and rounded ro rwo (2) decimais, without the of sign. For instance, if the number from your What is the difference on the yleld between the following two bonds? - a 51,000,000municipal bond with a coupon rate of 6.87%, paying interest annually - a $1,000,000 corporate bond with a coupon rate of 11.91% paying interest annually. Assume that you are in the 25% tax bracket. (Ihe answer should be in percentage and rounded ro TWo (2) decimaks, without the of sign. For instance, if the number from your

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