A 55 20 year municipal bond is currently priced to yield 72


A 5.5% 20 year municipal bond is currently priced to yield 7.2%. For a taxpayer in the 33% marginal tax bracket , this bond would offer an equivalent taxable yield of what?

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Financial Management: A 55 20 year municipal bond is currently priced to yield 72
Reference No:- TGS01164819

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