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For a Taxpayer in the 12% Marginal Tax Bracket, a 15-Year

Question 65

Multiple Choice

For a taxpayer in the 12% marginal tax bracket, a 15-year municipal bond currently yielding 6.2% would offer an equivalent taxable yield of

A) 6.2%.
B) 5.27%.
C) 8.32%.
D) 7.05%.

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