A municipal bond has a coupon rate of 5.11 percent and a YTM of 5.41 percent. If an investor has a marginal tax rate of 35 percent, what is the equivalent pretax yield on a taxable bond
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Home » Business » A municipal bond has a coupon rate of 5.11 percent and a YTM of 5.41 percent. If an investor has a marginal tax rate of 35 percent, what is the equivalent pretax yield on a taxable bond