#1 #2 #3 The market price of a semi-annual pay bond is $954.37. It has 12.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the yield to maturity? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) The market price of a semi-annual pay bond is $973.02. It has 11.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the effective annual yield? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A tax-exempt municipal bond with a coupon rate of 8.00% has a market price of 99.12% of par. The bond matures in 20.00 years and pays semi-annually. Assume an investor has a 22.00% marginal tax rate. The investor would prefer otherwise identical taxable bond if it's yield to maturity was more than _% Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #4 A taxable bond with a coupon rate of 4.00% has a market price of 99.38% of par. The bond matures in 19.00 years ans pays semi-annually. Assume an investor has a 32.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than % Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format