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 Glossary   >   Y   >   "Yield Equivalence" Definition   

        Yield Equivalence

The interest rate needed on a taxable security to receive the equivalent return on a tax-exempt security, and vice versa.

Yield Equivalence


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Yield Equivalence \ The interest rate needed on a taxable security to receive the equivalent return on a tax-exempt security, and vice versa.


Yield Equivalence / the interest rate needed on a taxable security to receive the equivalent return on a tax-exempt security, and vice versa.