A tax free municipal bond provides a yield of 3.2%.What is the equivalent taxable yield on the bond given a 35% tax bracket?
A) 3.20%
B) 3.68%
C) 4.92%
D) 5.00%

Name: A tax free municipal bond provides a yield of 3.2%.What is the equivalent taxable yield on the bond given a 35% tax bracket? A) 3.20% B) 3.68% C) 4.92% D) 5.00%
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The Answer of A tax free municipal bond provides a yield of 3.2%.What is the equivalent taxable yield on the bond given a 35% tax bracket?
A) 3.20%
B) 3.68%
C) 4.92%
D) 5.00%

A Tax Free Municipal Bond Provides a Yield of 3