A municipal bond hos o coupon rate of 583 percent and a YTM of 5,53...
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A municipal bond hos o coupon rate of 583 percent and a YTM of 5,53 percent. If on investor hos o marginal tax rate of 28 percent, whot YTM would a taxable bond have to offer to be just as good for the investor? Multiple Choice BOX 398% 768 4 20% 594
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