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Commercial Bank’s Financial Statements and Analysis 1 answer below » A bank is considering an investment in a municipal security that offers a yield of 9 percent. What is this security’s equivalent pre-tax yield if the bank’s
tax rate is 35 percent? (Round your answer to 2 decimal places. (e.g., 32.16)) Security’s equivalent pre-tax yield % Jan 11 2014 04:26 AM