#16 A tax-exempt municipal bond with a coupon rate of 9.00% has a market price of 99.10% of par. The bond matures in 6.00 years and pays semi-annually. Assume an investor has a 36.00% 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 (ex0.0924)) N17 A taxable bond with a coupon rate of 8.00% has a market price of 98 20% of par. The bond matures in 12.00 years ans pays semi-annually. Assume an investor has a 19.00% 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. W accept decimal format rounded to 4 decimal places (ex: 0.0929))