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Question
Municipal bonds are yielding 4.8 percent currently. Alicia has a marginal tax rate of 35 percent and Yvonne has a marginal tax rate of 22 percent. Alicia's equivalent taxable yield is _____ percent and Yvonne's is _____ percent.A. 7.50; 5.86
B. 7.39; 6.15
C. 6.53; 5.86
D. 6.53; 6.15
E. 8.29; 5.07
Answer
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