A bond issued by the State of Pennsylvania provides a 6.00% yield. What yield on...
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A bond issued by the State of Pennsylvania provides a 6.00% yield. What yield on a Synthetic Chemical Company bond would cause the two bonds to provide the same after-tax rate of return to an investor in the 35.00% tax bracket? a. 10.34% b. 9.23% c. 8.31% d. 7.38% e. 9.78%
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