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A 3.90 percent coupon municipal bond has 12 years left to maturity and has a price...

A 3.90 percent coupon municipal bond has 12 years left to maturity and has a price quote of 102.70. The bond can be called in eight years. The call premium is one year of coupon payment.(Assume interest payments are semiannual and a par value of$5,000)

Current yield

Yield to maturity

Equilvalent taxable yield

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Expert Solution

TAX RATE IS MISSING. I HAVE TAKEN 35%, ANY CHANGE LET ME KNOW. WHEN I DID LAST TIME SUM, THERE WERE 4 QUESTIONS, SO I HAVE ANSWERED ALL 4.

jeff jeffy answered 8 months ago
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