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Business, 13.03.2020 03:32 tilly29

A municipal bond has a coupon rate of 5.92 percent and a YTM of 5.59 percent. If an investor has a marginal tax rate of 39 percent, what is the equivalent pretax yield on a taxable bond

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A municipal bond has a coupon rate of 5.92 percent and a YTM of 5.59 percent. If an investor has a m...
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