Business
Business, 18.06.2021 21:40, Leilaniabma

A municipal bond carries a coupon rate of 6.50% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (Round your answer to 2 decimal places.)

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A municipal bond carries a coupon rate of 6.50% and is trading at par. What would be the equivalent...

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