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317 A taxable bond with a coupon rate of 9.00% has a market price of 98.41% of par The bond matures in 5,00 years ans

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317 A taxable bond with a coupon rate of 9.00% has a market price of 98.41% of par The bond matures in 5,00 years ans pays semi-annually Assume an investor has a 37.00% 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 formar rounded to 4 decimal places (ex 0.0924))

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