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 Glossary   >   E   >   "Equivalent taxable yield" Definition   

        Equivalent taxable yield

The yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.

Equivalent taxable yield


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Equivalent taxable yield - The yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.


Equivalent taxable yield : the yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.