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#17 unanswered A taxable bond with a coupon rate of 5.00% has a market price of 99.01% of par. The bond matures in 6.00 years

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#17 unanswered A taxable bond with a coupon rate of 5.00% has a market price of 99.01% of par. The bond matures in 6.00 years ans pays semi-annually. Assume an investor has a 21.00% marginal tax rate. The investor would prefer otherwise identical tax-exempt bond if it's yield to maturity was more than % not_submitted Attempts Remaining: Infinity 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))

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